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Property Sales - 41709211 - House in USA, Michigan, Wayne County, Detroit
This three bedroom house is located in Krainz Woods on the Eastside of Detroit just 10minutes from the Belair Mall which holds host to the largest cinemas in Detroit.This property consists of three spacious bedrooms, one bathroom, a lounge diner, a fullbasement and a large garden. The house will be renovated by Global Investments bestcontractors and will be supplied rent ready to a Section 8 standard. The works will beginwhen the new owner closes on the property. When complete the managementcompany will place brand new vetted tenants. The house should achieve $1,250 –$1,800 in rent each month based on the current Section 8 rates.This house is located in Krainz Woods a great area in Detroit with a proud communityfeel, this area has great schools and lots of local amenities, it is right next to TheUniversity district and is just 1 mile to John Pershing High School.
Return of investment
21%
Break even in
4.76 Years.
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£80,591
Global Investments Incorporated
Date added: 12 Dec 2023
£61,059
Date added: 18 Dec 2023