3264 DRIFTWOOD DR

PORT HURON, MI 48060
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3 bd, 3.5 ba | 1,709 sqft | Built in 1998

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List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$3,180

Total Return

$259,353

Annualized Return

31.7%

Cap Rate

7.2%

Gross Yield

10.9%

Cash Flow

$4,636

Appreciation

11.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,632

HOA

None

Flood Risk

Not Required

Beautiful 3 bedroom and 3 and a half bath home in the desirable Amberwood Village subdivision. Two car attached garage and 15 X 10 shed in the backyard. New roof, new A/C unit and new hot water heater. All appliances are staying. Primary Bedroom on the first floor with large walk in closet, first floor laundry, upper level has two bedrooms and a full bath. Finished basement with a full bathroom.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$36,252

Expenses

-$7,144

Property Taxes

-$5,450

Loan Payments

-$19,022

Net Cash Flow

$4,636

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:Eric Biedermann
O'Connor Realty, Inc
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250018304
Last Updated: 03/21/2025 02:03
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.