4052 W Buena Vista St Detroit, MI 48238

$68,750

4052 West Buena Vista Street, Detroit MI
4052 W Buena Vista St
$68,750
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4052 W Buena Vista St
Detroit,MI48238(Russell Woods)

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Home Details for 4052 W Buena Vista St


9 Days on Trulia
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Turnkey Cash Flowing Property Available To Purc...
4052 W Buena Vista St PROPERTY DETAILS: BEDROOMS: 3 BATHS: 1 SQ FT: 1,242 YEAR BUILT: 1960 TYPE: Single Family CASH FLOW ANALYSIS: MONTHLY RENT PMT :$800 ANNUAL RENT :$9,600 ESTIMATED* HAZARD INSURANCE: $425 ESTIMATED* PROPERTY TAXES: $1,550 PROPERTY MANAGMENT EXP: $576 ESTIMATED* NET INCOME: $7,049 Net Yearly Return on Investment: 10.2% Do you think this home will appreciate in 5 to 10 years? If you sell at that time the appreciation just an added bonus over what you invested in this home. SHORT REMARKS: This house is professionally managed (6% management fee above) so there is no landlording involved. Home... is currently rented on a 24 month lease. Expires end of Feb 2016 FULL REMARKS Nice colonial home on quiet street of Detroit. This home has 3 bedrooms and one bath. The property has been well maintained and will make a great addition to your rental portfolio. There is also a fun bar area in the basement. There is a newer furnace and air conditioner. The current rent is $800 per month. Property management is in place Turnkey properties available to purchase (usually about 50 in inventory at any given time). Already rehabbed, rented, and property managed. (10% ave. net return on investment per year). No land lording calls at anytime! In cash flowing markets (nationwide) with huge upside appreciation potential Working middle class single family homes. Most home purchase prices between $50k and $80k Funding Options: * Cash *Bank Wire *Credit Cards * S.D. IRA * Financing available (50% down) **If your IRA is not earning 10%, ask me how you can easily roll it over into a self directed IRA and purchase real estate with a much bigger return! If your IRA is making only 3% or less then you are losing money due to inflation. Call the office at 248-301-1344.
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Schools
Durfee Elementary-middle School
Below Standard

Durfee Elementary-middle School
Below Standard

High School
Below Standard
Moderate
Crime
Features for 4052 W Buena Vista St

Information last updated on 08/11/2014 12:00 AM:
    • Price: $68,750
    • 3 Bedrooms
    • 1 full, 1 partial Bathrooms
    • Single-Family Home
    • Status: For Sale
    • Lot Size: 4,704 sqft
    • Built in 1960
    • Neighborhood: Russell Woods

Public Records for 4052 W Buena Vista St


Official property, sales, and tax information from county (public) records as of 05/2010:
    • Single Family Residential
    • 1,242 sqft
    • Stories: 2 story with basement
    • Parking: Detached Garage
    • 1 Building
    • County: Wayne
    • 1 Bathroom
    • Lot Size: 4,704 sqft
    • A/C
    • Parking Spaces: 1
    • Basement: Basement (not specified)
    • 1 Partial Bathroom
    • Built In 1960
    • Heating: Forced air unit
    • Exterior Walls: Brick
    • Subdivision: SULLIVANS DEXTER BLVD # 1

Neighborhood Info


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            Total ratings: 58 | View all ratings
            Last updated 11 hours ago

            Affordability


            Monthly mortgage for 4052 W Buena Vista St

            Property Taxes and Assessment for 4052 W Buena Vista St


            Land
            Improvement
            Total
            $1,272
            +
            $22,292
            =
            $23,564
            Land
            Improvement
            Total
            $2,544
            +
            $44,584
            =
            $47,128
            Year Tax Assessment Market
            2011 $1,477 N/A N/A
            2010 N/A $23,564  $47,128 
            Source: Public Records

            Real Estate Trends in Russell Woods


            Listing price for 4052 W Buena Vista St $68,750  
            Average listing price for similar homes $32,662 52% below listing price
            Average sale price for similar homes $66,393 3% below listing price
            Average listing price for all homes in Russell Woods $31,905 115% below listing price
            Median sale price for all homes in Russell Woods $30,000 56% below listing price

            Comparables and Estimates around 4052 W Buena Vista St


            $1,099,500
            4 br / 2 ba
            Single-Family Home
            OPEN HOUSE Sun Oct 16, 2pm to 4pm

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