29814 Dover St

Garden City, MI 48135
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3 bd, 1 ba | 986 sqft | Built in 1954

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List Price
$180,000

Initial Investment

$49,050

Purchase Price

$180,000

Down Payment

25%

Rent

$1,630

Total Return

$116,750

Annualized Return

27.9%

Cap Rate

6.0%

Gross Yield

10.9%

Cash Flow

$242

Appreciation

10.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,841

HOA

None

Flood Risk

Not Required

Move-in ready and perfectly located near Garden City High School, this charming 3-bedroom, 1-bathroom ranch offers a comfortable layout and endless potential. The highlight is the 2.5-car garage, ideal for mechanics, hobbyists, or anyone in need of a spacious workshop. This AS-IS sale includes a pool table for added fun, and the seller has already ordered the city inspection, with the report to be posted once received. Don't miss the chance to make this home yours—schedule your showing today!

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$18,582

Expenses

-$3,654

Property Taxes

-$4,900

Loan Payments

-$9,786

Net Cash Flow

$242

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:Alexis Sprankle
Agent License 6501422880
eXp Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24060807
Last Updated: 11/24/2024 18:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.