15853 Santa Rosa Dr,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 15853 Santa Rosa Dr, Detroit, MI, 48238 listed at $142,000 pairs $1,125/mo rent with a $695/mo payment to leave $189/mo cash flow. Total monthly income runs $1,125/mo, and annual cash flow reaches $2,263/yr on $47,073 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 9.51% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 129.17% and total cumulative return in cash totals $60,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,125/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).