1019 E George Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 1019 E George Ave, Hazel Park, MI, 48030 offers a 10.55% rental yield on a $339,000 purchase with $2,980/mo rent. Total monthly income registers $2,980/mo, and a $1,659/mo payment leaves $745/mo available for distribution. Annual cash flow reaches $8,936/yr on $112,379 to close, and return on cash invested stands at 27.86% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 146.02% and total cumulative return in cash at $164,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,980/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.