449 W Evelyn Ave, Hazel Park, MI, 48030 | $377/mo Cash Flow

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hazel Park at 449 W Evelyn Ave, Hazel Park, MI, 48030 offers $1,630/mo rent that, after a $930/mo payment, leaves $377/mo cash flow. Total monthly income is $1,630/mo, and annual cash flow is $4,524/yr on $62,985 cash. Return on cash invested measures 27.09% in year one, and rental yield stands at 10.29% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 141.86% and total cumulative return in cash reaches $89,352. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,630/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1925

3,049 sqft lot

$N/A/sqft

No HOA