16830 Saint Marys St
Detroit, MI 48235
List Price
$138,000
Initial Investment
$37,605Purchase Price
$138,000
Down Payment
25%
Rent
$1,420
Total Return
$56,307
Annualized Return
21.1%
Cap Rate
6.9%
Gross Yield
12.3%
Cash Flow
$1,250
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,920
HOA
None
Flood Risk
Not Required
Charming Newly Renovated 3-Bedroom Brick Bungalow!
Welcome to this beautifully updated 3-bedroom, 1-bath bungalow nestled on a well-kept block. This all-brick home boasts a fresh, modern feel while maintaining its classic charm. Step inside to find spacious, sun-filled rooms with stylish finishes and a warm, inviting atmosphere.
The home features a nice unfinished basement, perfect for extra storage or the opportunity to create your own additional living space. Outside, enjoy a huge backyard, ideal for entertaining, gardening, or relaxing in your private outdoor retreat.
Conveniently located near major highways, this home offers easy access to shopping, dining, and everything the area has to offer. Don’t miss your chance to own this move-in-ready gem—schedule your showing and contact Deshonna Igwenagha today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$16,188Expenses
-$3,585Property Taxes
-$3,850Loan Payments
-$7,502Net Cash Flow
$1,250See 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:DeShonna Igwenagha
EXP Realty Main
EXP Realty Main
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250017870
Last Updated: 03/17/2025 22:03
MLS #20250017870
Last Updated: 03/17/2025 22:03