12686 Stoepel St,Detroit,MI,48238

Investment Highlights

Rental property for sale in Detroit at 12686 Stoepel St, Detroit, MI, 48238 generates $1,647/mo in rent and, after a $783/mo payment, leaves $592/mo in cash flow. Total monthly income is $1,647/mo, and annual cash flow is $7,104/yr on $53,040 invested. Return on cash invested sits at 33.3% in year one, and rental yield is 12.35% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 175.18% and total cumulative return in cash sums $92,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,647/mo property income rather than buyer’s personal income.