
Solid income-producing Detroit brick home—an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio. The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses. Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand. Highlights: • Tenant-occupied | $1,050/month cash rent • DSCR above 1.20 • Brand-new furnace • Brand-new hot water tank • Solid brick construction • Turnkey, low-maintenance investment No showings without an accepted offer. Ideal for investors seeking reliable cash flow
© MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: MichRIC
Provided By
Listing Agent: Kingsley Ifezue (#e388524)
Listing Office: Detroit Metro Realty (#oe412738)
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.