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1606 15th Ave Menominee, MI 49858
  • 1 Beds
  • 1 Baths
  • 1,176 Sq. Ft
  • Built In 1900
Active
$49,900
Est. Rent

$322 /mo

Financial Performance

Gross Yield

7.74%

based on an annual rent of $3,864.00 divided by the offer price of $49,900.00.

Net Yield

1.86%

based on a yearly adjusted income of $3,864.00 minus the total annual expense of $2,934.82 divided by the offer price of $49,900.00.

Cash Flow

$929

based on a yearly adjusted income of $3,864.00 minus the total annual expense of $2,934.82 and yearly mortgage expense.

Home Details

CUTE AND COZY This 1 bedroom, 1 bath single story home offers you low maintenance, open concept living area, large living room, spacious bedroom, a kitchen with plenty of counter space and a snack bar area. There is a nice size back entry room that could be used for guests or 1st floor laundry area. Other features include a full basement with a finished room, new 1 car detached garage with covered patio area and a partially fenced yard. CENTRALLY LOCATED
Features

  • listed date Listed Date: January 14, 2017
  • year built Year built: 1900
  • square footage SqFt: 1,176
  • price per square foot Price/SqFt: $42
  • bedrooms Bed: 1
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Menominee
  • Listing ID: 16-1382
1606 15th Ave Menominee, MI 49858
  • 1 Beds
  • 1 Baths
  • 1,176 Sq. Ft
  • Built In 1900
Active
$49,900
Est. Rent

$322 /mo

Gross Yield

7.74%

based on an annual rent of $3,864.00 divided by the offer price of $49,900.00.

Net Yield

1.86%

based on a yearly adjusted income of $3,864.00 minus the total annual expense of $2,934.82 divided by the offer price of $49,900.00.

Cash Flow

$929

based on a yearly adjusted income of $3,864.00 minus the total annual expense of $2,934.82 and yearly mortgage expense.

Home Details

CUTE AND COZY This 1 bedroom, 1 bath single story home offers you low maintenance, open concept living area, large living room, spacious bedroom, a kitchen with plenty of counter space and a snack bar area. There is a nice size back entry room that could be used for guests or 1st floor laundry area. Other features include a full basement with a finished room, new 1 car detached garage with covered patio area and a partially fenced yard. CENTRALLY LOCATED
Features

  • listed date Listed Date: January 14, 2017
  • property type Type:   Single Family
  • year built Year built: 1900
  • square footage SqFt: 1,176
  • price per square foot Price/SqFt: $42
  • bedrooms Bed: 1
  • bathrooms Bath: 1
  • county County: Menominee
  • Listing ID: 16-1382

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