Detroit, MI 48205
MLS# 20261073708
15894 fordham street ---CALLING ALL INVESTORS—TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability. Please do not disturb the tenant.
Listed by Bernard Shamow · EXP Realty Main
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$455/mo
$18,000 down · $72,000 financed
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