Potential Profit$88,383
This property is available as a fixer upper at Pelham Rd. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,146 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Taylor, specifically for Pelham Rd and comparable listings. Based on this expert analysis, the estimated market value is $153,100. This has potential equity of $88,383. If purchased for rental purposes, the monthly rental rate could range between $860 and $1,092, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $88,383. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Pelham Rd are updated daily along with others in Taylor, Michigan, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 8 schools in the area. Nearby schools include Taylor High School and Truman High School.
There are plenty of activities near this property like Southland Center, Taylor Sportsplex, and more.
Public transportation options include: SMART bus service on key Downriver and metro Detroit routes, DDOT and SMART connections available in nearby Detroit and inner-ring suburbs, Detroit Metropolitan Wayne County Airport access for regional and national travel, Amtrak service available in nearby Dearborn and Detroit. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Heritage Park, Northwest Park and more.
Services available in the area include cellular and internet options.
This property in Taylor, MI is located in the Metropolitan Park Subdivision.
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The estimated rental value for Pelham Rd located in Taylor, MI is $960/month. Comparable homes around Pelham Rd that are rentals have monthly ranges starting as low as $860 per month and as high as $1,092 per month. An owner looking to use this property as an investment could bring a return in the area of $860 - $1,092 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
Status: Inactive
Status: Inactive
MICHIGAN STATE HOUSING DEVELOPMENT AU...
03/24/25 - 04/17/25Status: Inactive
Status: Inactive
MICHIGAN STATE HOUSING DEVELOPMENT AU...
03/20/25 - 04/17/25Status: Inactive
Status: Inactive
Status: Inactive
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Inactive
Status: Inactive
Status: Inactive
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