12619 Hazelton St
Detroit, MI 48223
List Price
$139,900
Initial Investment
$38,123Purchase Price
$139,900
Down Payment
25%
Rent
$1,420
Total Return
$38,494
Annualized Return
15.3%
Cap Rate
6.3%
Gross Yield
12.2%
Cash Flow
$406
Appreciation
4.7%
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Features
Lot Size
5,227
HOA
None
Flood Risk
Not Required
Come to see this beautiful 3 bedrooms bungalow located on a quiet well cared street. close to main roads and highways. House it is freshly painted in neutral colors, big windows offer lots of natural light. Enjoy the open concept kitchen with new cabinets, new wood countertop, new microwave, new dishwasher, new garbage disposal, new floors and light fixtures, double garage, central air, lots of potential and space in the basement. This is a great house for first-time buyers or investors.
See more in Analysis
Jeff Grice
Roofstock Realty, LLC - MI
MI Agent License #6504431331
Annual Financial Highlights
Expected Rent
$16,188Expenses
-$4,277Property Taxes
-$3,900Loan Payments
-$7,606Net Cash Flow
$406See more in Financials
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Mauricio Salazar
Keystone Realty LLC
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Certified Agent Brokerage:Jeff Grice
Roofstock Realty, LLC - MI
MI Brokerage License 6505432203
Roofstock Realty, LLC - MI
MI Brokerage License 6505432203
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20230020107
Last Updated: 03/18/2023 19:03
MLS #20230020107
Last Updated: 03/18/2023 19:03