13551 Santa Rosa Dr,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 13551 Santa Rosa Dr, Detroit, MI, 48238 listed at $155,000 pairs $1,723/mo rent with a $759/mo payment to leave $701/mo cash flow. Total monthly income runs $1,723/mo, and annual cash flow reaches $8,406/yr on $51,383 cash to close. Return on cash invested measures 36.27% in year one, and rental yield registers 13.34% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 191.14% and total cumulative return in cash totals $98,212. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,723/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).