24909 Hayes Rd, Eastpointe, MI, 48021 | $2,008/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Eastpointe at 24909 Hayes Rd, Eastpointe, MI, 48021 offers a 27.91% rental yield on a $139,000 purchase with $3,233/mo rent. Total monthly income registers $3,233/mo, and a $680/mo payment leaves $2,008/mo available for distribution. Annual cash flow reaches $24,097/yr on $46,079 to close, and return on cash invested stands at 72.21% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 386.8% and total cumulative return in cash at $178,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,233/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1929

0.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48021, Eastpointe, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,721 (100%)
Owner Occupied HU	8,850 (64.5%)
Renter Occupied HU	4,338 (31.6%)
Vacant Housing Units	533 ( 3.9%)
Median Home Value	$132,729
Average Home Value	$169,372