Overview
This Land City Owned is located at Wayne Rd, Romulus, MI 48174. This property is City Owned with an estimated market value of $71,859.
Save money on this property now.
This land property is available as a city owned at Wayne Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Romulus, specifically for Wayne Rd and comparable listings. Based on this expert analysis, the estimated market value is $71,859. If purchased for rental purposes, the monthly rental rate could range between $790 and $970, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Wayne Rd are updated daily along with others in Romulus, 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 Romulus High School and Romulus Middle School.
There are plenty of activities near this property like Detroit Metropolitan Wayne County Airport, I-94 and I-275 access, and more.
Public transportation options include: SMART bus service in the western Wayne County area, Detroit Metro Airport ground transportation, rental car shuttles, taxis, and rideshare pickup, Michigan Flyer airport coach service connecting DTW with Ann Arbor and East Lansing, Nearby Amtrak service from Dearborn and Ann Arbor stations, Major commuter access via I-94, I-275, and nearby US-12. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Elmer Johnson Park, Romulus Historical Park and more.
Services available in the area include cellular and internet options.
The property located at Wayne Rd in Romulus, MI is listed as a City Owned
This is an active City Owned listing located in Romulus, Michigan. Properties on www.foreclosure.com are typically available for deep discounts that can often reach 50 percent or more!The estimated rental value for Wayne Rd located in Romulus, MI is $881/month. Comparable homes around Wayne Rd that are rentals have monthly ranges starting as low as $790 per month and as high as $970 per month. An owner looking to use this property as an investment could bring a return in the area of $790 - $970 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
Status: Inactive
The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.
The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.
Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.
Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.
Calculate monthly mortgage payments with our easy mortgage loan calculator.
Copy the link below:
Millions of people receive foreclosure alerts daily, don't miss out.
Alert me about homes in that match this search.
By signing up for property alerts, I have read the Terms and Conditions of Service and agree to receive emails from Foreclosure.com.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
