1106 E Granet AveHazel ParkMI48030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Hazel Park rental at 1106 E Granet Ave, Hazel Park, MI, 48030 sits in the solid-income band: 10.24% gross yield, $1,613/mo rent, $366/mo net after the $850/mo debt service, DSCR 1.90. Entry price of $189,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $52,217 and $1,741/yr in principal reduction bring total cumulative return to $95,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.5% |
| Monthly Cash Flow | $366 | $800 |
City averages based on Hazel Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,613 |
| Total Monthly Debt Service | $1,171 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Burch • eXp Realty, LLC
Mls Name: MichRIC
Mls ID: #25056371