Listed by eXp Realty LLC - Michigan
$129,900
24646 GROVE Avenue, Eastpointe 48021
Details
Property Type Special Purpose
Sub Type Single Family Rental
Square Footage 1,192
Cap Rate 10.35%
NOI $13,443
Welcome to this charming 2-bedroom, 1-bath bungalow located in the heart of Eastpointe!
Marketing description
ATTENTION INVESTORS! Welcome to this cash-flowing, charming 2-bedroom, 1-bath bungalow located in the heart of Eastpointe, Michigan! The tenant is currently paying $1,200/month, generating $14,400 per year, and is still under lease. With 1,192 square feet of living space, this cozy home features a functional layout perfect for families or individuals. Situated on a 0.13-acre lot, the property boasts a spacious yard with 40 feet of road frontage. Conveniently located south of 10 Mile and east of Hayes, this home is part of the Eastpointe Community Schools district. Don’t miss out on this lovely investment opportunity in a prime location! No showings until after an accepted offer. Tenant occupied. NO LAND CONTRACT, NO SELLER FINANCING
Listing Contacts
Listed by eXp Realty LLC - Michigan
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$13,443.00
$1,120.25/mo
Valuation Metrics
0
DSCR
10.35%
Cap Rate
10.35%
ROI
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