15058 Philomene Blvd, Allen Park, MI, 48101 | $664/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Allen Park at 15058 Philomene Blvd, Allen Park, MI, 48101 offers a 10.19% rental yield on a $350,000 purchase with $2,972/mo rent. Total monthly income registers $2,972/mo, and a $1,713/mo payment leaves $664/mo available for distribution. Annual cash flow reaches $7,968/yr on $116,025 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 140.19% and total cumulative return in cash at $162,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,972/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1929

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48101, Allen Park, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,085 (100%)
Owner Occupied HU	10,116 (83.7%)
Renter Occupied HU	1,572 (13.0%)
Vacant Housing Units	397 ( 3.3%)
Median Home Value	$187,948
Average Home Value	$215,740