17759 Henry St

Melvindale, MI 48122
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4 bd, 2 ba | 1,073 sqft | Built in 1943

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List Price
$159,900

Initial Investment

$43,573

Purchase Price

$159,900

Down Payment

25%

Rent

$1,400

Total Return

$59,991

Annualized Return

18.9%

Cap Rate

5.7%

Gross Yield

10.5%

Cash Flow

-$164

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,849

HOA

None

Flood Risk

Not Required

Stop your search for a four-bedroom home right here! This roomy house features two baths, fresh vinyl siding, a garage, and a sizable family room with a snug gas fireplace. Plus, there's a basement, and it's conveniently close to malls, schools, urgent cares, hospitals, and parks - making it the perfect match for your family. BATVAI

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

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$3,081

Property Taxes

-$4,350

Loan Payments

-$8,693

Net Cash Flow

-$164

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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Last Updated: 04/25/2024 01:04
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