24300 Simmons Ave, Southfield, MI
$249,900
Investment property in Southfield, MI 48033, listed on the Roofstock/Stessa investment property marketplace.
- Location
- Southfield, MI 48033
- Type
- Single Family
- Bedrooms
- 3
- Bathrooms
- 1
- Sq ft
- 1,096
- Cap rate
- 5.1% Cap Rate
Investment snapshot
- Price per square foot
- $228 — $249,900 across 1,096 sq ft
- Cap rate
- 5.1% — implies about $12,745 per year in net operating income at the listed price
- Cap rate vs. Michigan
- 0.7 pts above the Michigan average — Michigan averages 4.4% across 17 active turnkey listings
- Price vs. Michigan
- 81% above the Michigan median — median asking price in Michigan is $138,000
- Tracked since
- October 1, 2026 — aggregated from Roofstock
View original listing on Roofstock
