Charming Detroit Tudor – Turnkey Investment with Immediate Cash Flow!
Attention investors! Welcome to 5203 Devonshire, a beautifully renovated brick Tudor located in the highly desirable Morningside neighborhood on Detroit’s far east side. This property represents the ultimate "hands-off" addition to your portfolio, offering immediate return on investment from day one.
Property Highlights:
Turnkey & Renovated: Classic 1920s architecture meets modern updates. The home features a gorgeous, fully renovated interior that blends historic Tudor charm with the contemporary finishes today's residents demand.
Immediate Cash Flow: Skip the hassle of marketing, screening, and vacancy periods. The property is already occupied by a fantastic tenant who takes pristine care of the home.
Long-Term Stability: A brand-new 12-month lease was executed in May 2026, securing your income through the spring of 2027. Even better, the current resident has already expressed a strong desire to renew long-term.
Perfectly situated just blocks north of the vibrant E. Warren Avenue corridor, this home offers easy access to local shopping, dining, and community developments. Commuting is a breeze with quick access to I-94, E. Outer Drive, and Cadieux Road, making it a highly rentable location for years to come.
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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.
See how much you could borrow to make a competitive offer.