18626 PREVOST ST
DETROIT, MI 48235
List Price
$95,000
Initial Investment
$25,888Purchase Price
$95,000
Down Payment
25%
Rent
$1,350
Total Return
$52,735
Annualized Return
29.2%
Cap Rate
9.9%
Gross Yield
17.1%
Cash Flow
$3,493
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
Welcome to 18626 Prevost Street, a charming single-family home located in Detroit's vibrant 48235 zip code. This residence offers a comfortable living space with a blend of classic design and modern amenities. This home boasts a traditional layout, featuring a spacious living room, a functional kitchen, and well-proportioned bedrooms. The full basement provides ample storage space and potential for additional living areas. A detached garage adds convenience and value to the property. Situated in a well-established neighborhood, the home is within close proximity to local schools, parks, and shopping centers, offering both comfort and convenience. Whether you're a first-time homebuyer or an investor seeking a valuable addition to your portfolio, this property presents a noteworthy opportunity.
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$15,390Expenses
-$4,133Property Taxes
-$2,600Loan Payments
-$5,165Net Cash Flow
$3,493See 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:David Dawood
Agent License 6501376926
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Agent License 6501376926
Detroit Progress Realty LLC
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 #20250019174
Last Updated: 03/27/2025 13:03
MLS #20250019174
Last Updated: 03/27/2025 13:03