Tenant-Occupied Detroit Investment Opportunity Great opportunity to add a cash-flowing property to your investment portfolio! This 3-bedroom, 1-bath bungalow features hardwood floors, a spacious backyard, and a convenient Detroit location near major surface streets and public transportation. The property is currently tenant occupied and generating $975 per month in rental income. The existing lease expires in August, and the home is professionally managed by an experienced property management company. This highly sought-after, income-producing property is ideal for investors looking for an established rental with management already in place. Opportunities like this do not last long—act fast!
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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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