1566 E George Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 1566 E George Ave, Hazel Park, MI, 48030 offers a 11.67% rental yield on a $344,900 purchase with $3,353/mo rent. Total monthly income registers $3,353/mo, and a $1,688/mo payment leaves $1,079/mo available for distribution. Annual cash flow reaches $12,944/yr on $114,334 to close, and return on cash invested stands at 31.23% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 164.09% and total cumulative return in cash at $187,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,353/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.