8459 Timken Ave
Warren, MI 48089
List Price
$139,000
Initial Investment
$37,878Purchase Price
$139,000
Down Payment
25%
Rent
$1,370
Total Return
$67,540
Annualized Return
24.4%
Cap Rate
7.5%
Gross Yield
11.8%
Cash Flow
$2,133
Appreciation
7.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,356
HOA
None
Flood Risk
Not Required
This well-maintained 2-bedroom, 1-bath ranch-style home offers easy living and plenty of potential. Featuring a welcoming front yard porch, it's the perfect place to unwind and enjoy the outdoors. Inside, you'll find a cozy living room and a separate dining area, ideal for both daily living and entertaining. The home has been updated with newer flooring, hot water tank, furnace, and a shed. The unfinished basement provides added storage space and includes a washer and dryer for convenience. This charming property is a fantastic option for first-time homebuyers looking for a low-maintenance home or investors. With its comfortable layout and great location, it’s a must-see!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$15,618Expenses
-$3,378Property Taxes
-$2,550Loan Payments
-$7,557Net Cash Flow
$2,133See 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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SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20240088036
Last Updated: 11/22/2024 17:11
MLS #20240088036
Last Updated: 11/22/2024 17:11