23413 Easterling Ave,Hazel Park,MI,48030

Investment Highlights

Investment property for sale in Hazel Park at 23413 Easterling Ave, Hazel Park, MI, 48030 listed at $220,000 pairs $1,931/mo rent with a $1,077/mo payment to leave $480/mo cash flow. Total monthly income runs $1,931/mo, and annual cash flow reaches $5,760/yr on $72,930 cash to close. Return on cash invested measures 27.81% in year one, and rental yield registers 10.53% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 145.73% and total cumulative return in cash totals $106,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,931/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).