15774 Manor St,Detroit,MI,48238

Investment Highlights

Rental property for sale in Detroit at 15774 Manor St, Detroit, MI, 48238 generates $818/mo in rent and, after a $534/mo payment, leaves $99/mo in cash flow. Total monthly income is $818/mo, and annual cash flow is $1,184/yr on $36,134 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 9.01% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash sums $43,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $818/mo property income rather than buyer’s personal income.