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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
39
Photos
3
beds
2
baths
1,382
sqft
Built in
1925
**AMAZING 14% CAP RATE, TERRIFIC ROI **TURNKEY INVESTOR GEM located on Detroit's westside, 15 minutes from Downtown Detroit. Priced below value, NEW FURNACE, NEW WATER TANK, this low maintenance 3 bedroom/2 bath full colonial is rented to a cash Tenant paying $1250/month. Home has nice interior features, with a great floor plan, large living room with fireplace and formal dining room. This property features a large basement for storage, vinyl windows, detached 2 car garage and private fenced yard. Very short drive to Corktown, Downtown, Parks, shopping and various dining options. Professionally managed, just sit back and make money. Tenant ledger available. Call/Text for showings. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Natural Gas, Forced Air
- Fireplace:
- LivRoom Fireplace, Fireplace
Exterior
- General:
- Aluminum, Fenced Yard,Porch
- Style:
- Colonial
Construction
- General:
- 2 Story, Basement
Location
- Road/Access:
- Paved Street
- Originating MLS:
- RealComp
- School District:
- Detroit City School District
- County:
- Wayne
Lot
- Zoning:
- W MENDOTA 353 PARK MANOR L33 P30 PLATS, WCR 18/395 36 X 118, W18I017252S
Utilities
- Water:
- Public Water
- Sewer:
- Public Sanitary
Financial
- Source:
- RealComp
This listing courtesy of:
U.S. Investor Group, Sam Berri
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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