2922 Fullerton St,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 2922 Fullerton St, Detroit, MI, 48238 earns $698/mo cash flow from $1,872/mo rent with a $871/mo payment. Total monthly income totals $1,872/mo, and annual cash flow totals $8,381/yr on $59,007 capital. ROI tracks 34.11% on current figures, and rental yield reads 12.62% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 179.59% and total cumulative return in cash sums $105,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,872/mo property income instead of your personal income.