931 E Pearl 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
Investment property for sale in Hazel Park at 931 E Pearl Ave, Hazel Park, MI, 48030 earns $2,098/mo cash flow from $4,729/mo rent with a $1,953/mo payment. Total monthly income totals $4,729/mo, and annual cash flow totals $25,172/yr on $132,269 capital. ROI tracks 38.94% on current figures, and rental yield reads 14.22% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 205.44% and total cumulative return in cash sums $271,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,729/mo property income instead of your personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Patrice A Carey • RE/MAX In The Park, Inc
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240052544
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-09-14 17:31:54 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702