Detroit, MI 48205
MLS# 50216979
Turnkey investment opportunity with immediate rental income! This solid brick bungalow features 3 bedrooms, 1 full bath, a 2-car detached garage, and an unfinished basement offering ample storage and future value-add potential. The furnace was replaced just 4 years ago, providing added peace of mind for investors. Currently tenant-occupied and generating $1,300 per month with a lease in place through May 2027, this property delivers instant cash flow from day one. Whether you're expanding your real estate portfolio or purchasing your first investment property, this income-producing home offers the stability of an established tenant, durable brick construction, and strong long-term investment potential. Located in Detroit's active rental market, this is an excellent opportunity to build wealth through consistent rental income and future appreciation.
Listed by Danette Bonnell · Century 21 Professionals
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$429/mo
$16,980 down · $67,920 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
