24101 Carlysle St

Dearborn, MI 48124
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2 bd, 1 ba | 891 sqft | Built in 1950

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List Price
$158,900

Initial Investment

$43,300

Purchase Price

$158,900

Down Payment

25%

Rent

$1,430

Total Return

$110,705

Annualized Return

29.1%

Cap Rate

6.0%

Gross Yield

10.8%

Cash Flow

$168

Appreciation

11.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

Prime Location! Step into comfort and convenience with this beautifully updated 2/1 ranch. Perfect for those who value both indoor and outdoor charm, this home features modern updates.
Updated Exterior: Stylish outdoor lighting, landscaping, and awnings. The back and side yard offer great space to create your dream patio or BBQ oasis. Fenced backyard with shed.
Interior: Updated laminate flooring throughout. Tastefully renovated bathroom with modern finishes. Walkable attic with pull-down stairs for extra storage or potential use.
Systems: 2023 updates include a new electrical panel and water heater. Updated furnace with new thermostat. Ceiling fans support energy-efficient cooling.
Appliances: Stainless steel fridge, stove, and new matching hood vent included. New and updated windows.
Located near I94 universities, shopping, parks, restaurants, Ford High Sch.

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

Annual Financial Highlights

Expected Rent

$16,302

Expenses

-$3,195

Property Taxes

-$4,300

Loan Payments

-$8,639

Net Cash Flow

$168

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:Annessa Bradley
Agent License 6501359546
eXp Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #25016101
Last Updated: 04/27/2025 21:04
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