23999 McAllister St,Southfield,MI,48033

Investment Highlights

Investment property for sale in Southfield at 23999 McAllister St, Southfield, MI, 48033 listed at $279,000 pairs $2,916/mo rent with a $1,366/mo payment to leave $1,076/mo cash flow. Total monthly income runs $2,916/mo, and annual cash flow reaches $12,908/yr on $92,489 cash to close. Return on cash invested measures 33.87% in year one, and rental yield registers 12.54% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 178.23% and total cumulative return in cash totals $164,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,916/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).