1744 E Madge Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 1744 E Madge Ave, Hazel Park, MI, 48030 listed at $165,000 pairs $1,240/mo rent with a $808/mo payment to leave $152/mo cash flow. Total monthly income runs $1,240/mo, and annual cash flow reaches $1,818/yr on $54,698 cash to close. Return on cash invested measures 23.23% in year one, and rental yield registers 9.02% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 121.23% and total cumulative return in cash totals $66,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,240/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).