Description
This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.
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3BEDS
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0.09ACRES
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1BATHS
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01/2 BATHS
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1,357SQFT
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$66$/SQFT
Description
This Detroit investment property is a solid opportunity for cash flow investors. Featuring 3 bedrooms, 1 bathroom, and 1,300 sq. ft. of living space, the home is already tenant-occupied through Section 8 at $1,224 per month. With an asking price of $89,000, this equates to an attractive ~16.5% gross ROI, making it a strong addition to any rental portfolio. The home offers a practical layout with spacious bedrooms and common areas, and it sits in a stable Detroit neighborhood with access to schools, parks, and major roadways. Reliable rental income is already in place, providing immediate returns from day one.
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IDX provided courtesy of Realcomp II Ltd., via Next Level Realty & Investments: (734) 506-0076 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.