Fresh paint throughoutFunctional and comfortable layoutPlenty of natural lightNew windowsGarage for added convenienceBrand-new laminate flooringUpdated bathrooms
Welcome to this cozy and fully updated ranch home located in Detroit's desirable College Park neighborhood — a turnkey rental investment currently generating $1,200/month with a reliable, cash-paying tenant already in place! This income-producing property features brand-new laminate flooring, fresh paint throughout, updated bathrooms and kitchen, new windows, and new appliances, requiring zero renovation and offering immediate cash flow from day one. The home offers a functional and comfortable layout with plenty of natural light, a full basement for extra storage or additional living space, and a garage for added convenience. With a 12% ROI at just 20% down, this is a rare opportunity to acquire a stabilized asset in a desirable Detroit neighborhood — don't miss out, inquire today!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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