22055 David Ave
Eastpointe, MI 48021
List Price
$135,000
Initial Investment
$36,788Purchase Price
$135,000
Down Payment
25%
Rent
$1,380
Total Return
$78,417
Annualized Return
27.6%
Cap Rate
7.7%
Gross Yield
12.3%
Cash Flow
$2,241
Appreciation
8.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,920
HOA
None
Flood Risk
Not Required
Charming & Cozy Bungalow – A Perfect Starter or Investment Home!
Welcome to this delightful bungalow, a perfect retreat for those seeking a cozy and manageable space! Nestled in a quiet and friendly neighborhood, this home is full of charm and warmth.
Step inside to find a bright and inviting living area, perfect for relaxing after a long day. The well-equipped kitchen features white appliances and ample cabinetry, making meal prep a breeze. The comfortable bedrooms provide just the right amount of space, while the updated bathroom adds a touch of modern convenience.
Outside, you'll love the easy-to-maintain yard, ideal for enjoying morning coffee, gardening, or hosting summer BBQs. With no basement, everything is conveniently on one level—perfect for those looking for simplicity and ease of living.
This charming bungalow is an excellent choice for first-time buyers,or anyone seeking a cozy and inviting space to call home. Don’t miss out—schedule your showing today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$15,732Expenses
-$3,472Property Taxes
-$2,680Loan Payments
-$7,339Net Cash Flow
$2,241See 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.
Similar Listings
Listing Courtesy of:Tiffany Williams
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 #20250017302
Last Updated: 03/15/2025 15:03
MLS #20250017302
Last Updated: 03/15/2025 15:03