23600 Oak Glen Dr
Southfield, MI 48033
List Price
$264,900
Initial Investment
$72,185Purchase Price
$264,900
Down Payment
25%
Rent
$3,750
Total Return
$151,024
Annualized Return
30.3%
Cap Rate
10.2%
Gross Yield
17.0%
Cash Flow
$10,994
Appreciation
6.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
20,909
HOA
None
Flood Risk
Not Required
Welcome to this sprawling brick ranch situated on a peaceful, half-acre lot near the end of a quiet dead-end street! Surrounded by nature, this home offers a gorgeous setting with plenty of wildlife to enjoy. Enjoy the peace and quiet on the large deck. Inside, you'll find beautifully refinished hardwood floors throughout, a newly remodeled half bath on the main floor, and fresh paint in the hallway and bedrooms. The basement includes a full bath, just waiting for your finishing touches, and has been professionally waterproofed for peace of mind. Additional updates include a newer furnace. Move in just in time to enjoy Spring in your new home!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$42,750Expenses
-$11,024Property Taxes
-$6,330Loan Payments
-$14,401Net Cash Flow
$10,994See 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:Krista Jelsky
RE/MAX First
RE/MAX First
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 #58050168766
Last Updated: 03/15/2025 14:03
MLS #58050168766
Last Updated: 03/15/2025 14:03