21306 Brierstone St

Harper Woods, MI 48225
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3 bd, 2 ba | 1,345 sqft | Built in 1978

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List Price
$190,000

Initial Investment

$51,775

Purchase Price

$190,000

Down Payment

25%

Rent

$830

Total Return

$104,776

Annualized Return

21.4%

Cap Rate

1.6%

Gross Yield

5.2%

Cash Flow

-$7,702

Appreciation

12.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Introducing an impeccably maintained brick ranch situated on a serene street east of Harper, this residence offers 1,345 square feet of thoughtfully designed living space with an open floor plan. The home features a welcoming living room enhanced by a natural fireplace, a spacious kitchen equipped with ample storage, and a dining area that seamlessly connects to a generous family room, perfect for entertaining and family gatherings.This property includes three bedrooms and two full baths. The finished basement provides additional living space, a second full bath, extra storage, and a dedicated laundry room. Recent updates include a gas furnace (4 yrs) air conditioning (2 yrs)and a roof that is eight years old. The property also features a 2.5-car garage.City certifications have been completed, making this an excellent opportunity in a prime location near schools, parks, and restaurants. Don't miss your chance to own this exceptional home!

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

Annual Financial Highlights

Expected Rent

$9,462

Expenses

-$1,684

Property Taxes

-$5,150

Loan Payments

-$10,329

Net Cash Flow

-$7,702

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:Julie Ahee
Sine & Monaghan LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #58050168634
Last Updated: 03/13/2025 21:03
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