Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
11
Photos
5541 Grayton Street, Detroit, MI 48224
$110,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,054
sqft
Built in
1930
**Turnkey 4-Bedroom Rental in East English Village, Detroit**Investors, don't miss this prime opportunity in Detroit's desirable East English Village! This 4-bedroom, 1-bathroom turnkey rental property is already income-producing, with a long-term tenant of 12 years in place, paying $1,100 per month. Professionally managed by a reliable property management company, this property offers hassle-free ownership and consistent cash flow.Located on the east side of Detroit, East English Village is known for its strong community vibe and well-maintained homes. Whether you're looking to expand your portfolio or secure your first rental property, this gem provides stability and peace of mind.
Features & Amenities
Interior
- Laundry:
- In unit
- Basement:
- Full
- Heating:
- Forced air, Natural gas
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Colonial
- Parking:
- Detached
Construction
- Roofing:
- Asphalt
- General:
- Brick, Basement, Crawl space
Location
- Originating MLS:
- Greater Metropolitan Association of REALTORS
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W GRAYTON 537 EASTERN HEIGHTS LAND COS SUB NO 1 L50 P4 PLATS, W C R 21/738 39 X 144, 21074191
Utilities
- Utilities:
- Natural gas available, Natural gas connected, Sewer connected
- Water:
- None
- Sewer:
- Public sewer, Sewer at street
Financial
- Source:
- Greater Metropolitan Association of REALTORS
This listing courtesy of:
iTech Realty, Kingsley Ifezue
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
Powered by
Ready to get started? Get prequalified »
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.
Similar Homes
-
Listing by Johnnie Gaines Community Choice Realty Inc#20240068787
-
Listing by Kingsley Ifezue iTech Realty#81024048071
-
Listing by Kingsley Ifezue iTech Realty#81024047859
-
Listing by Kyle Madak eXp Realty, LLC#81024040253
-
Listing by Al Alfarajalla RE/MAX Team 2000#20240051679
-
Listing by Sotero Lopez II EXP Realty LLC#58050147644
Interested in this home?
Request more information:
