1523 E Madge Ave, Hazel Park, MI, 48030 | $146/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
925 sft

7592 Ready Ave, Warren, MI, 48091

2 Bed
1 Bath
864 sft

17436 Utica Oaks Ln, Roseville, MI, 48066

3 Bed
1 Bath
1716 sft

19738 Fairport St, Detroit, MI, 48205

3 Bed
1 Bath
1100 sft

11319 Tecumseh, Redford, MI, 48239

Nearby investment properties with comparable prices

2 Bed
1 Bath
864 sft

17436 Utica Oaks Ln, Roseville, MI, 48066

4 Bed
2 Bath
1688 sft

14529 Asbury Park, Detroit, MI, 48227

3 Bed
2 Bath
1330 sft

11859 Laing St, Detroit, MI, 48224

3 Bed
2 Bath
1321 sft

8045 Studebaker Ave, Warren, MI, 48089

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Hazel Park at 1523 E Madge Ave, Hazel Park, MI, 48030 uses $49,692 cash to close to unlock $1,754/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $734/mo payment keeps the spread at $146/mo. Purchase price stands at $149,900, and rental yield measures 9.09% with $1,135/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash records $60,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $734/mo payment rather than investor’s personal income.

Single Family

Built in 1940

6,969 sqft lot

$N/A/sqft

No HOA