1028 E Pearl Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 1028 E Pearl Ave, Hazel Park, MI, 48030 listed at $189,900 pairs $1,814/mo rent with a $929/mo payment to leave $562/mo cash flow. Total monthly income runs $1,814/mo, and annual cash flow reaches $6,746/yr on $62,952 cash to close. Return on cash invested measures 30.62% in year one, and rental yield registers 11.46% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 160.89% and total cumulative return in cash totals $101,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,814/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).