Property · Detroit · Single Family · Ref DT-1088
Detroit Single Family: Cash Flowing, Rent Ready
A 5-bedroom single family in Detroit — modelled at 15% net.
$139,900
14% Net ReturnRenovation
Section 8 Ready
1,288 ft² · 5 bd · 1 ba
The Property
This fantastic single family home is located on a nice street in Riverbend on the Eastside of Detroit. The house is bordering Grosse Pointe Park which is one of the best places to live in Michigan. The house is also just 1.7 Miles to Windmill Pointe Park. There are five large bedrooms, one bathroom, a full basement and a large garden. The property has just been renovated to a Section 8 standard and is now ready for new tenants. The management company will place brand new vetted tenants when the new owner closes on the property. he house should achieve $1,500 - $2,000 in rent each month with Section 8 housing.
Details
Price$139,900
Property size1,288 ft²
Bedrooms5
Bathrooms1
TypeSingle Family
Status15% Net Return
ReferenceDT-1088
FinanceCash purchase
Features
- 15% NET ROI
- Fully renovated & Section 8 ready
- High rental demand zip code
- Ideal for portfolio growth
- In a fast-appreciating neighborhood
- Legal and tax support available
- Managed by local professional team
- No hidden costs & all fees disclosed
Location
Detroit, 48215
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Approximate location — the exact address is released to buyers under NDA, standard on US listings.