961 E Woodruff AveHazel ParkMI48030
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 961 E Woodruff Ave, Hazel Park, MI, 48030 listed at $200,000 pairs $1,847/mo rent with a $979/mo payment to leave $484/mo cash flow. Total monthly income runs $1,847/mo, and annual cash flow reaches $5,810/yr on $66,300 cash to close. Return on cash invested measures 28.67% in year one, and rental yield registers 11.08% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 150.73% and total cumulative return in cash totals $99,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,847/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John S Delia • Keller Williams Paint Creek
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251008103
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 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 2025-06-17 07:46:43 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702