Detroit, MI 48227
MLS# 20261032972
Charming investment opportunity in Detroit! 11311 Steel St is a tenant-occupied property offering immediate rental income potential and strong long-term value. Currently occupied by a Section 8 tenant paying $1,800/month, this property offers reliable cash flow with an estimated 13% cap rate. The home features a functional layout, spacious living areas, and solid rental appeal, making it an excellent addition to any investment portfolio. Conveniently located near schools, shopping, dining, major freeways, and local amenities, providing strong accessibility for tenants and future occupants alike. Ideal for investors seeking steady cash flow or buyers looking for future owner-occupancy potential. Tenant occupied — please do not disturb tenant. Showings available with accepted offer or approved access only.
Listed by Samar Taha · Apex Realty Centers
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$582/mo
$23,000 down · $92,000 financed
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