14209 Prevost St
Detroit, MI 48227
List Price
$159,000
Initial Investment
$43,328Purchase Price
$159,000
Down Payment
25%
Rent
$1,200
Total Return
$32,239
Annualized Return
11.2%
Cap Rate
4.7%
Gross Yield
9.1%
Cash Flow
-$1,707
Appreciation
4.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
Welcome to 14209 Prevost! This brick Colonial home is located on Detroit's West Side, in the Greenfield-Grand River neighborhood. Full of character and charm, the property has been completely updated, including a new roof, vinyl windows, and a modern kitchen with granite countertops. The layout offers a spacious living room that seamlessly connects to the dining room and a large kitchen with a breakfast nook. On the main level, there is a convenient HALF BATHROOM LOCATED NEAR THE FRONT DOOR. The second floor features three generously sized bedrooms. Additionally, the home is located near shopping, restaurants, main roads, and highways, making it both accessible and inviting
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$13,680Expenses
-$2,443Property Taxes
-$4,300Loan Payments
-$8,644Net Cash Flow
-$1,707See more in Financials
Property Characteristics
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.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
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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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
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Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250026031
Last Updated: 04/18/2025 18:04
MLS #20250026031
Last Updated: 04/18/2025 18:04