19531 Parkside St

St Clair Shrs, MI 48080
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3 bd, 1 ba | 1,300 sqft | Built in 1927

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List Price
$179,900

Initial Investment

$49,023

Purchase Price

$179,900

Down Payment

25%

Rent

$1,440

Total Return

$84,018

Annualized Return

22.0%

Cap Rate

5.6%

Gross Yield

9.6%

Cash Flow

-$416

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$0/mo

Flood Risk

Not Required

What a great colonial home! 3 bedrooms, The master bedroom is huge, with 2 ceiling fans, 3 closets and a door wall to a large deck. Both of the other 2 have ceiling fans. The whole house has been remodeled, All new floor coverings, doors, Bathroom: new tub & faucet, new sink & faucet, New toilet, new tub surround, new kitchen sink, cabinets, counter tops, back splash, bay window sill, and floor. Laundry room has all been re-done. All new window blinds. 100amp circuit breakers. This home has 2 furnaces, the one on the first floor is only 6 years old and the one on the second is less the 1 year old. Newer Hot Water Tank. Huge double wide privacy fenced yard, with 2 mulberry trees (YUM). A 2.5 car garage with a fresh Epoxy painted floor. Your going to want to see this one. Move right in and enjoy.

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

Annual Financial Highlights

Expected Rent

$16,416

Expenses

-$3,021

Property Taxes

-$4,030

Loan Payments

-$9,780

Net Cash Flow

-$416

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:Robert West
Agent License 6502377762
MCD Real Estate Division Inc
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #58050155633
Last Updated: 05/05/2025 15:05
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