353 E Madge Ave,Hazel Park,MI,48030

Investment Highlights

Rental property for sale in Hazel Park at 353 E Madge Ave, Hazel Park, MI, 48030 offers $2,219/mo rent that, after a $850/mo payment, leaves $1,063/mo cash flow. Total monthly income is $2,219/mo, and annual cash flow is $12,761/yr on $57,582 cash. Return on cash invested measures 42.07% in year one, and rental yield stands at 15.33% at a $173,700 entry. Equity gained on principal adds $1,121/yr while 5% annual appreciation compounds into $47,990 by year five. Five-year ROI records 222.33% and total cumulative return in cash reaches $128,023. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,219/mo property income versus a $850/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.