39 W Elza Ave, Hazel Park, MI, 48030 | 6.21% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
2 Bath
2000 sft

11705 Mackay St, Hamtramck, MI, 48212

3 Bed
2 Bath
1162 sft

230 E Webster Ave, Ferndale, MI, 48220

3 Bed
2 Bath
2283 sft

15872 Asbury Park, Detroit, MI, 48227

3 Bed
1 Bath
1064 sft

3141 Berkshire Ave, Warren, MI, 48091

Nearby investment properties with comparable prices

3 Bed
2 Bath
1574 sft

47103 Ladd Ave, Shelby Township, MI, 48317

3 Bed
2 Bath
1580 sft

263 E Woodland St, Ferndale, MI, 48220

3 Bed
3 Bath
2434 sft

30239 Autumn Ln, Warren, MI, 48088

3 Bed
2 Bath
1533 sft

4505-23 Mile Rd, Utica, MI, 48316

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Hazel Park at 39 W Elza Ave, Hazel Park, MI, 48030 earns from $1,810/mo rent with a $1,713/mo payment. Total monthly income totals $1,810/mo. ROI tracks 14.76% on current figures, and rental yield reads 6.21% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 75.74% and total cumulative return in cash sums $87,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,810/mo property income instead of your personal income.

Single Family

Built in 1937

6,534 sqft lot

$N/A/sqft

No HOA