23027 Powell Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 23027 Powell Ave, Hazel Park, MI, 48030 listed at $179,000 pairs $1,764/mo rent with a $876/mo payment to leave $584/mo cash flow. Total monthly income runs $1,764/mo, and annual cash flow reaches $7,004/yr on $59,339 cash to close. Return on cash invested measures 31.71% in year one, and rental yield registers 11.83% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 166.7% and total cumulative return in cash totals $98,919. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,764/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).