1221 E Harry AveHazel ParkMI48030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1221 E Harry Ave, Hazel Park, MI, 48030 in Hazel Park. Priced at $119,900, it generates $3,551/mo in gross rent and $2,760/mo in net monthly cash flow, a 35.54% yield that comfortably supports the 6.59 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $33,121. Five-year appreciation: $33,126. Equity from principal paydown: $1,104/yr. Total projected cumulative return: $223,356.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 35.5% | 6.5% |
| Monthly Cash Flow | $2,760 | $800 |
City averages based on Hazel Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,551 |
| Total Monthly Debt Service | $743 |
| DSCR Ratio | 4.78x |
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 1925
4,791 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 1925
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices