1926 Oakman Blvd,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 1926 Oakman Blvd, Detroit, MI, 48238 uses $81,383 cash to close to unlock $1,292/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,727/mo, and a $1,202/mo payment keeps the spread at $108/mo. Purchase price stands at $245,500, and rental yield measures 8.44% with $1,727/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $67,827 over five years. Five-year ROI reaches 111.9% and total cumulative return in cash records $91,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $1,202/mo payment rather than investor’s personal income.