19651 Cliff St

Detroit, MI 48234
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4 bd, 1 ba | 600 sqft | Built in 1925

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List Price
$78,000

Initial Investment

$21,255

Purchase Price

$78,000

Down Payment

25%

Rent

$1,210

Total Return

$37,760

Annualized Return

27.5%

Cap Rate

10.7%

Gross Yield

18.6%

Cash Flow

$3,296

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

Come view this spacious 3 Bedrooms 1 bath 2 story colonial home. This home includes a large kitchen, newer bathroom and bonus bedroom in the basement. Perfect for a large or growing family. The only thing left to make it home is you.

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

Annual Financial Highlights

Expected Rent

$13,794

Expenses

-$4,058

Property Taxes

-$2,200

Loan Payments

-$4,240

Net Cash Flow

$3,296

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:Tia Wiley
Agent License 6501404182
Brookstone, Realtors
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24017585
Last Updated: 04/15/2024 00:04
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