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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
6
Photos
3
beds
2
baths
1,414
sqft
Built in
1931
Welcome to an exceptional investment opportunity in Detroit! This impressive single family home is already generating a steady rental income of $1,200 per month, thanks to a reliable long-term tenant who is already in place. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer eager to capitalize on a lucrative opportunity, this property in Detroit holds the promise of becoming an outstanding addition to your investment strategy. New roof on house and garage. Owning this cash-flowing property offers immediate returns and a promising future. Detroit's thriving real estate market makes this investment even more attractive. Don't let this opportunity pass you by – secure your foothold in Detroit's flourishing real estate landscape!
Features & Amenities
Interior
- Appliances:
- Dryer,Refrigerator,Washer
- Basement:
- Unfinished
- Heating:
- Natural Gas, Forced Air
Exterior
- General:
- Brick, Fenced Yard
- Style:
- Tudor
Construction
- General:
- 2 Story, Basement
Location
- Road/Access:
- Paved Street
- Originating MLS:
- RealComp
- School District:
- Detroit City School District
- County:
- Wayne
Lot
- Zoning:
- E HAVERHILL 566 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, W C R 21/427 40 X 114, W21I069975S
Utilities
- Water:
- Public Water
- Sewer:
- Public Sanitary
Financial
- Source:
- RealComp
This listing courtesy of:
Good Company, Jolene L Jacobs
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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