1216 E Evelyn AveHazel ParkMI48030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 1216 E Evelyn Ave, Hazel Park, MI, 48030 in Hazel Park is straightforward: $231,300 in, $1,948/mo in rent, $374/mo out after debt service. The 10.1% gross yield and 1.87 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $63,904 by year five. With $2,130/yr in principal equity, the total cumulative return is projected at $112,445.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $374 | $800 |
City averages based on Hazel Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,948 |
| Total Monthly Debt Service | $1,481 |
| DSCR Ratio | 1.32x |
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 1946
4,356 sqft 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 1946
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A