Detroit, MI 48235
MLS# 20261084543
Turnkey Cash-Flowing Investment Opportunity!Excellent opportunity to acquire an income-producing property with a reliable tenant already in place paying $1,000 per month. For investors looking to add immediate cash flow to their portfolio without starting from vacancy, this property offers a strong combination of existing income, tenant stability, and long-term upside.The home provides a functional layout and solid rental appeal, making it well suited for a buy-and-hold strategy. With an established paying tenant in place, the next owner can step into an operating rental from day one and avoid the initial leasing, turnover, and vacancy period that often comes with acquiring investment property.The location adds to the investment value. Convenient access to major Detroit roadways, shopping, restaurants, schools, parks, employment centers, and everyday amenities helps support continued rental demand and long-term tenant appeal. This makes the property an attractive option for investors focused on dependable cash flow and portfolio growth.Whether you're purchasing your first rental or expanding an existing portfolio, this property offers a straightforward opportunity to acquire a stabilized asset with income already being generated.Currently rented for $1,000 per month with a good-paying tenant in place. DO NOT DISTURB TENANT. Showings by confirmed appointment only.Novation: Buyer has equitable interest in the property and is marketing the property with the owner’s authorization in order to locate a new buyer. BTVAI: Buyer to verify all information on listing.
Listed by Sonny Kaushik · Ikon Property Group
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$429/mo
$16,980 down · $67,920 financed
Loading similar listings…
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.
20 photosActive3205 W Outer Drive, Detroit, MI 48221
Detroit, MI 48221
3 bd · 2 ba · 1,668 sqft
21 photosActive13751 Castleton Street, Detroit, MI 48227
Detroit, MI 48227
3 bd · 1 ba · 912 sqft
37 photosActive6728 Faust Avenue, Detroit, MI 48228
Detroit, MI 48228
3 bd · 1 ba · 1,115 sqft