Wayne County, Detroit, MI 48205
3 bd1 ba790 sfBuilt 1939
Gross spread$45,000
Description
Investors and landlords, here's an opportunity to add a rental property to your portfolio in Detroit! This 3-bedroom, 1-bathroom home offers existing rental income and several important updates, making it worth a closer look for investors seeking a buy-and-hold property or a potential value-add opportunity. PROPERTY HIGHLIGHTS: 3 Bedrooms 1 Bathroom Currently generating $1,200 per month in rental income Potential annual gross rental income of $14,400 New gas furnace installed New water heater Roof has been repaired, with no reported leaks Rear siding and metal window trim
$/sqft vs market
Median of 23 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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