4095 Doris St,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 4095 Doris St, Detroit, MI, 48238 listed at $127,500 pairs $1,466/mo rent with a $624/mo payment to leave $625/mo cash flow. Total monthly income runs $1,466/mo, and annual cash flow reaches $7,503/yr on $42,266 cash to close. Return on cash invested measures 37.66% in year one, and rental yield registers 13.8% at a $127,500 basis. Equity gained on principal adds $823/yr, and annual property appreciation at 5% supports $35,226 by year five. Five-year ROI tracks 198.62% and total cumulative return in cash totals $83,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,466/mo property income relative to a $624/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).