30137 Avondale St

Inkster, MI 48141
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3 bd, 1 ba | 1,007 sqft | Built in 1956

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List Price
$158,000

Initial Investment

$43,055

Purchase Price

$158,000

Down Payment

25%

Rent

$1,350

Total Return

$38,748

Annualized Return

13.6%

Cap Rate

5.6%

Gross Yield

10.3%

Cash Flow

-$432

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

**PHOTOS COMING SOON**This home immediately catches your eye as you pull up to the driveway. The beautiful curb appeal with fresh landscaping and a new driveway (summer 2023) makes this home one of the nicest houses on the street. This well cared for ranch style home offers 3 nice sized bedrooms, 1 full bathroom, updated kitchen, central air conditioning, full basement and so much more! Recent updates include: new windows (summer 2023), a new front entry door, and side door (summer 2023), new vinyl flooring in both the kitchen and basement (fall 2023), and a new paver patio (fall 2023). Situated within the Wayne-Westland school district, this is one you don't want to miss out on. Schedule a tour today!

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

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$2,932

Property Taxes

-$4,300

Loan Payments

-$8,590

Net Cash Flow

-$432

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:Juliana Martin
Agent License 6501440763
Re/Max Platinum
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24014825
Last Updated: 04/01/2024 14:04
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