3399 Ewald Cir,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 3399 Ewald Cir, Detroit, MI, 48238 listed at $194,799 pairs $1,666/mo rent with a $953/mo payment to leave $382/mo cash flow. Total monthly income runs $1,666/mo, and annual cash flow reaches $4,582/yr on $64,576 cash to close. Return on cash invested measures 27% in year one, and rental yield registers 10.26% at a $194,799 basis. Equity gained on principal adds $1,257/yr, and annual property appreciation at 5% supports $53,819 by year five. Five-year ROI tracks 141.43% and total cumulative return in cash totals $91,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,666/mo property income relative to a $953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).