15454 Manor St,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 15454 Manor St, Detroit, MI, 48238 uses $45,581 cash to close to unlock $4,083/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $1,247/mo, and a $673/mo payment keeps the spread at $340/mo. Purchase price stands at $137,500, and rental yield measures 10.88% with $1,247/mo rent. Return on cash invested shows 28.87% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 151.52% and total cumulative return in cash records $69,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,247/mo property income covering a $673/mo payment rather than investor’s personal income.