704 E Robert AveHazel ParkMI48030
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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
Investment Highlights
Rental property for sale in Hazel Park at 704 E Robert Ave, Hazel Park, MI, 48030 generates $915/mo in rent and, after a $587/mo payment, leaves $124/mo in cash flow. Total monthly income is $915/mo, and annual cash flow is $1,488/yr on $39,780 invested. Return on cash invested sits at 23.65% in year one, and rental yield is 9.15% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 123.4% and total cumulative return in cash sums $49,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $915/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Anthony Tocco • Realteam Real Estate
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50167708
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