735 Maple Dr

Columbiaville, MI 48421
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3 bd, 2 ba | 960 sqft | Built in 1970

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List Price
$151,000

Initial Investment

$41,148

Purchase Price

$151,000

Down Payment

25%

Rent

$1,501

Total Return

$79,062

Annualized Return

26.4%

Cap Rate

8.1%

Gross Yield

11.9%

Cash Flow

$3,392

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

29,185

HOA

None

Flood Risk

Not Required

Great opportunity on this three bedroom ranch home with a basement on a nice sized lot in Deerfield Twp. Home sits at the end of a cul de sac close to Barnes Lake. Exterior has vinyl siding and a large deck off the back. The interior has a good layout. As you enter there is a large living room with an office area off of it. Decent sized kitchen with formal dining room. Separate family room on the back of the home. Two full baths and a main floor laundry.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$17,114

Expenses

-$4,112

Property Taxes

-$1,400

Loan Payments

-$8,209

Net Cash Flow

$3,392

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:Ray Megie
Realty Executives Main St LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240028408
Last Updated: 05/02/2024 17:05
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