4272 Pasadena St,Detroit,MI,48238

Investment Highlights

Investment property for sale in Detroit at 4272 Pasadena St, Detroit, MI, 48238 uses $33,150 cash to close to unlock $1,524/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $786/mo, and a $489/mo payment keeps the spread at $127/mo. Purchase price stands at $100,000, and rental yield measures 9.43% with $786/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash records $42,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $786/mo property income covering a $489/mo payment rather than investor’s personal income.