17208 Fielding St

Detroit, MI 48219
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3 bd, 3 ba | 1,544 sqft | Built in 1938

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,230

Total Return

-$20,131

Annualized Return

-9.0%

Cap Rate

4.1%

Gross Yield

8.4%

Cash Flow

-$2,882

Appreciation

-0.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

''YOU WILL NOT FIND ANOTHER HOME LIKE THIS ONE!'' 3 Bedroom, 2.1 Bath, CONTEMPORARY TUDOR STYLE BRICK BUNGALOW. OVER 1,500 SQ FT OF LIVING SPACE. Write your Offer and pack your Bags. Your home has a Large Living Room with Naturall Fireplace, Formal Dinning, Nice size Kitchen with 2 Large Bedrooms on the lower level and Updated Bath. Hardwood flooring throughout. But if You really need your own Space, let's take a walk upstairs. Well now, your own Master Bedroom/Suite with Recess Lighting, Updated Master Bathroom and Full Walk in Closet. Newly Weds will love ❤ it! Open basement on Lower level with Lav and Laundry area. Solid 2 Car Garage and Fenced Yard. Do not delay, get your Pre Approval ready today!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$14,022

Expenses

-$2,496

Property Taxes

-$4,900

Loan Payments

-$9,508

Net Cash Flow

-$2,882

See 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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Listing Courtesy of:Beverly Johnson
Agent License 6502427386
Villa In the Hills Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24015103
Last Updated: 04/02/2024 07:04
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