18690 Fox

Redford, MI 48240
image0

3 bd, 2 ba | 1,785 sqft | Built in 1953

slider image
slider image
slider image

Favorite

List Price
$130,000

Initial Investment

$35,425

Purchase Price

$130,000

Down Payment

25%

Rent

$1,490

Total Return

$81,512

Annualized Return

29.1%

Cap Rate

7.9%

Gross Yield

13.8%

Cash Flow

$2,368

Appreciation

9.0%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,009

HOA

None

Flood Risk

Not Required

Step into this charming 3-bedroom, 1-bath home in Redford Township, perfect for buyers looking to customize and make it their own. Featuring original wood floors and spacious bedrooms, this property offers a solid foundation for your creative vision. Ideal for investors, it's conveniently located near amenities and an elementary school, promising endless possibilities for transformation. Explore the potential of this home and envision the lifestyle you can create!

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$16,986

Expenses

-$4,001

Property Taxes

-$3,550

Loan Payments

-$7,067

Net Cash Flow

$2,368

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.
View Options

Similar Listings



Listing Courtesy of:Michael Perna
Agent License 6501309650
Michael Perna
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240044287
Last Updated: 06/11/2025 19:06
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.