23385 Powell Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 23385 Powell Ave, Hazel Park, MI, 48030 offers a 9.42% rental yield on a $149,900 purchase with $1,177/mo rent. Total monthly income registers $1,177/mo, and a $734/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,258/yr on $49,692 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 127.84% and total cumulative return in cash at $63,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,177/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.