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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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20015 Five Points St , Redford, MI 48240
$140,000
Est. Payment: $311.11/mo
3 Bed
2 Bath
952 Sqft
Status: Active | Days on site: 59
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409720 - 422602
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Here is a cash flowing and tenant occupied property in a popular suburb of metro Detroit! Step into this 3-bedroom, 2-bathroom ranch on a sought after and quaint street. Inside, you'll find a bright and spacious living room with beautifully refinished hardwood floors, a modernized kitchen with recently updated cabinets, flooring, and newer stainless steel appliances, and two beautifully updated bathrooms with contemporary finishes. Outside, you'll love the expansive backyard and extra-long driveway. The property is currently rented at $1525/month the top percentile for rental rates in the area. Recent upgrades include newer roof, gutters, windows, siding, and storm door. With low property taxes, easy access to shopping, schools, and major highways, and strong rental demand in the area, this home is an outstanding opportunity for investors wanting to get into the real estate market.
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Highlights

Listed by Joseph Hammel , 248-422-1685 Keller Williams Somerset , 248-649-7200.

Property Type

Residential
Lot/Acreage
0.4

Year Built

1936

County

Wayne

 Neighborhood

Redford Twp

 School District

Redford

Listing ID

20261055252

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Basement:Crawl Space
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$311
Taxes
$340

Home Price

$140,000

Loan Details

30 yrs
%

Down Payment

20%
$28,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$311.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $311.11 $339.92 $0.00 $651.03
Yearly $3,733.33 $4,079.00 $0.00 $7,812.33
Total $112,000.00 $122,370.00 $0.00 $234,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Redford, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.