1106 E Granet AveHazel ParkMI48030








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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage


Investment Highlights
Investment property for sale in Hazel Park at 1106 E Granet Ave, Hazel Park, MI, 48030 offers a 10.24% rental yield on a $189,000 purchase with $1,613/mo rent. Total monthly income registers $1,613/mo, and a $925/mo payment leaves $367/mo available for distribution. Annual cash flow reaches $4,400/yr on $62,654 to close, and return on cash invested stands at 26.93% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 141.04% and total cumulative return in cash at $88,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Michael Burch • eXp Realty, LLC
Mls Name: MichRIC
Mls ID: #25056371








