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11643 Sussex Street, Detroit, MI 48227
$105,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
2,309
sqft
Built in
1937
Discover a truly exceptional investment with this income-generating property, offering everything you need for a smart and profitable venture. With a dependable Section 8 tenant already in place, providing a steady rental income of $1,340 per month, this property ensures immediate returns with zero downtime. This home has been thoughtfully updated. If you're seeking a turnkey investment with steady cash flow, this property is a standout choice. Inside pictures coming soon.
Features & Amenities
Interior
- Laundry:
- In basement
- Basement:
- Full
- Heating:
- Forced air, Natural gas
- Fireplace:
- Fireplace, Fireplaces: 1
Exterior
- Style:
- Colonial
Construction
- Roofing:
- Asphalt
- General:
- Brick, Basement
Location
- Originating MLS:
- Greater Metropolitan Association of REALTORS
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W SUSSEX 259 BROADMOOR SUB L41 P48 PLATS, W C R 22/578 40 X 108, 22046935
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Greater Metropolitan Association of REALTORS
This listing courtesy of:
Arterra Luxe Collection LLC, Kristina Khalifeh
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Detroit, MI
Housing
- Number of Units
- 292,561
- Median Home Value
- $70,234
- Median Rent
- $679
53.65% of housing units are renter occupied.
18.25% are vacant.
Commute
- Car
-
71.17%
- Public Transportation
-
5.99%
- Walk to Work
-
3.15%
- Work from Home
-
17.73%
- Other
-
1.42%
The median travel time to work is 23 minutes.
People
- Population
- 593,210
- Median Age
- 36.40
- Median Household Size
- 2.38
Education
- High School
-
33.32%
- Associate’s Degree
-
7.33%
- Bachelor’s Degree
-
9.43%
- Graduate Degree
-
6.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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