837 E Maxlow Ave

Hazel Park, MI 48030
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3 bd, 1 ba | 930 sqft | Built in 1950

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List Price
$220,000

Initial Investment

$59,950

Purchase Price

$220,000

Down Payment

25%

Rent

$1,760

Total Return

$83,668

Annualized Return

19.4%

Cap Rate

6.0%

Gross Yield

9.6%

Cash Flow

$412

Appreciation

6.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,312

HOA

None

Flood Risk

Not Required

Discover a fantastic investment opportunity with this beautiful, updated 3-bedroom bungalow conveniently located in the prime location of Hazel Park. Are you looking for an income-generating property in a highly sought-after neighborhood? Here is your opportunity! Full-size basement and large backyard! This home is well-maintained and ideal for investors looking to expand their portfolio. Property includes adjacent/vacant lot.

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

$20,064

Expenses

-$3,692

Property Taxes

-$4,000

Loan Payments

-$11,960

Net Cash Flow

$412

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:Patrick Jarjis
DOBI Real Estate
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250018068
Last Updated: 03/19/2025 10:03
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.