1317 E Muir 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 1317 E Muir Ave, Hazel Park, MI, 48030 uses $43,095 cash to close to unlock $1,752/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,003/mo, and a $636/mo payment keeps the spread at $146/mo. Purchase price stands at $130,000, and rental yield measures 9.26% with $1,003/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash records $53,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,003/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1926
4,356 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sherri Saad • RE/MAX Leading Edge
Mls Name: Realcomp II
Mls ID: #20261005431