13558 Pinehurst St,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 13558 Pinehurst St, Detroit, MI, 48238 listed at $130,000 pairs $996/mo rent with a $636/mo payment to leave $139/mo cash flow. Total monthly income runs $996/mo, and annual cash flow reaches $1,668/yr on $43,095 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 9.19% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 124.11% and total cumulative return in cash totals $53,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $996/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).