Nubricks.com

Property Sales - 41698225 - House in USA, Michigan, Wayne County, Detroit

<< Back to search results

Four bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
House
41698225
Detroit, USA
18 Oct 2023
£ 77,900 / € 88,990 / $ 91,731

Short Description

This four bedroom house is amazing value at $77,900..

Key Information

  • Property ID: 41698225
  • Location: Detroit
  • Property Type: House
  • Prices: £ 77,900 / € 88,990 / $ 91,731

Full Description

This very nice large colonial four bedroom house is located on a very well kept street in
The Bethune Community on the Westside of Detroit, the house is just eight minutes
from the famous Grandmont Rosedale..
This property is in a nice street, and consists of four spacious bedrooms, one and a half
bathrooms, a lounge diner, a full basement, a large rear garden and a detached garage..
There is a tenant in place paying $950 n rent each month. The current market rent for
this property can reach up to $1,400 in rent each month. The house is under
management with a great local Detroit property management company.
This property is located in The Bethune Community on the desirable westside of Detroit,
the house is less than 3 miles from Grandmont Rosedale. It is also close to The
University district and Bagley, two of the best neighbourhoods in Detroit

Investment Calculations
Purchase price
$77,900
Gross annual rental income:
$11,400
Property running costs:(Tax, insurance and management costs)
$2,986
Net annual rental income:
$8,414
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

11%

Break even in

9.09 Years.

Contact the Advertiser

Property Alerts

  • House
  • 4 bedrooms
  • USA
  • Detroit
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

CAPTCHA Send my request

Related Properties

© 2005-2013 nubricks.com The Overseas Property Blog. All Rights Reserved
Nubricks.com, 24 Jacks Place, Shoreditch London, E1 6NN, United Kingdom