$130,000
4172 Columbus Street, Wayne , MI 48184
Current Rent **
$1,300
Projected Rent **
$1,300
1% Rule Rental
Great rental in Wayne, MI that meets the 1% rule. There are two other homes as well that can be sold as a package (34458 Phyllis Street and 34221 John Street). They have been solid investments that would make a great addition to a portfolio.
3 bed/1 bath plus basement
-Completely renovated in 2019
-Includes new stove and refrigerator
-Leased through 11/30/2025 for $1300 (goes to $1350 11/1/2024)
-New sewer line in 2021
-New driveway in 2022
-Central AC
-Current on city rental license and COC.
Reach out with any questions or inquirys to Vanessa (310) 403-4009
Location:
4172 Columbus Street, Wayne , MI 48184
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!