34276 CHERRY HILL LN

CHESTERFIELD, MI 48047
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4 bd, 3 ba | 2,394 sqft | Built in 1998

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List Price
$450,000

Initial Investment

$122,625

Purchase Price

$450,000

Down Payment

25%

Rent

$2,510

Total Return

$162,265

Annualized Return

16.9%

Cap Rate

3.7%

Gross Yield

6.7%

Cash Flow

-$9,044

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

$0/mo

Flood Risk

Not Required

Dreaming of a home that's perfect for entertaining? Look no further! This stunning property is designed for hosting unforgettable gatherings, both indoors and out. The backyard is an entertainer's paradise, featuring a top-of-the-line outdoor cooking area, a relaxing hot tub, and a secluded setting for ultimate privacy. Whether it's a lively party or a cozy evening with friends, this space has it all. When the party winds down, retreat to the luxurious primary suite, complete with an updated bathroom-your personal sanctuary to recharge and relax. Ready to elevate your lifestyle? This home is the one!

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

Annual Financial Highlights

Expected Rent

$28,614

Expenses

-$5,093

Property Taxes

-$8,100

Loan Payments

-$24,464

Net Cash Flow

-$9,044

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:Michelle Thom
Agent License 6501398612
KW Platinum
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #58050171150
Last Updated: 04/11/2025 15:04
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