13459 LONGTIN ST

SOUTHGATE, MI 48195
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3 bd, 1 ba | 1,210 sqft | Built in 1946

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List Price
$189,900

Initial Investment

$51,748

Purchase Price

$189,900

Down Payment

25%

Rent

$1,580

Total Return

$105,325

Annualized Return

24.6%

Cap Rate

5.4%

Gross Yield

10.0%

Cash Flow

-$845

Appreciation

9.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,792

HOA

None

Flood Risk

Not Required

Welcome home! This fully updated gem won’t last! With over 1,200 square feet, this beautifully updated bungalow has everything you could ask for. It features a spacious living room with recessed lighting, fresh paint, new flooring throughout, and a brand-new Roof. The fully updated kitchen boasts granite countertops, a stunning backsplash, and included appliances. All measurements are approximate agents to verify.

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

$18,012

Expenses

-$3,383

Property Taxes

-$5,150

Loan Payments

-$10,324

Net Cash Flow

-$845

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:Nick Jaafar
Keller Williams Legacy
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250018370
Last Updated: 03/19/2025 17:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.