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14
Photos
5530 Grayton Street, Detroit, MI 48224
$130,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
11
baths
1,420
sqft
Built in
1930
Charming 3-bedroom, 1.5-bathroom home located in the heart of the desirable English Village neighborhood! This 1,420 sq. ft. property offers an excellent investment opportunity as a Section 8 rental, currently bringing in $1,025 per month with guaranteed payments. With its spacious layout, this home is perfect for tenants looking for comfort and convenience. The property has been well-maintained and is situated in a prime rental market. Don't miss your chance to invest in this income-generating property! Professionally managed by reputable property management company.
Features & Amenities
Interior
- Laundry:
- Main level
- 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:
- E GRAYTON 448 EASTERN HEIGHTS LD COS SUB NO 1 L50 P4 PLATS, W C R 21/738 39 X 150 NEZH #2006-0095, FORMERLY RELATED PARCEL #27060095., 21074008
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
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
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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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