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1809 17th St Menominee, MI 49858
  • 2 Beds
  • 1 Baths
  • 1,088 Sq. Ft
  • Built In 1930
Active
$59,900
Zipcode Median
$697 /mo

Financial Performance

Gross Yield

13.96%

based on an annual rent of $8,364.00 divided by the offer price of $59,900.00.

Net Yield

8.65%

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $3,180.82 divided by the offer price of $59,900.00.

Cash Flow

$5,183

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $3,180.82 and yearly mortgage expense.

Home Details

MOTIVATED SELLER STARTER HOME, RETIREMENT HOME OR INVESTMENT PROPERTY This 2 bedroom, 11/2 bath single story home is ready for a new owner and is located within walking distance to schools and parks. Features include maintenance free exterior, nice size living room, kitchen with snack bar, separate dining area, attic storage, office/computer room, full basement with wood burner for addtl heat source, family room and half bath, and a 1 car detached garage. SITUATED IN A NICE QUIET NEIGHBORHOOD
Features

  • listed date Listed Date: January 20, 2017
  • year built Year built: 1930
  • square footage SqFt: 1,088
  • price per square foot Price/SqFt: $55
  • bedrooms Bed: 2
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Menominee
  • Listing ID: 15-1010
1809 17th St Menominee, MI 49858
  • 2 Beds
  • 1 Baths
  • 1,088 Sq. Ft
  • Built In 1930
Active
$59,900
Zipcode Median
$697 /mo

Gross Yield

13.96%

based on an annual rent of $8,364.00 divided by the offer price of $59,900.00.

Net Yield

8.65%

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $3,180.82 divided by the offer price of $59,900.00.

Cash Flow

$5,183

based on a yearly adjusted income of $8,364.00 minus the total annual expense of $3,180.82 and yearly mortgage expense.

Home Details

MOTIVATED SELLER STARTER HOME, RETIREMENT HOME OR INVESTMENT PROPERTY This 2 bedroom, 11/2 bath single story home is ready for a new owner and is located within walking distance to schools and parks. Features include maintenance free exterior, nice size living room, kitchen with snack bar, separate dining area, attic storage, office/computer room, full basement with wood burner for addtl heat source, family room and half bath, and a 1 car detached garage. SITUATED IN A NICE QUIET NEIGHBORHOOD
Features

  • listed date Listed Date: January 20, 2017
  • property type Type:   Single Family
  • year built Year built: 1930
  • square footage SqFt: 1,088
  • price per square foot Price/SqFt: $55
  • bedrooms Bed: 2
  • bathrooms Bath: 1
  • county County: Menominee
  • Listing ID: 15-1010

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