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Townhouse

Full Description

This three bedroom house is located in Warrendale, the property was recently updated to a Section 8 standard. The property is currently occupied by a great private tenant who is paying $750 a month. This property is under management by one of the leading Detroit property management companies.This property is located in Warrendale which is seen as an up and coming area. Warrendale has many good schools and great local facilities and is very close to Dearborn Heights and Ford Woods.

 

Investment Details

 

$9,000 rent a year.
$900 management fee.
$797 taxes.
$500 insurance.
= 26% net return.

Key Information

Property ID: 22237844
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 3
Bathrooms: 1
Price:
  • £19,658
  • €22,370
  • $25,900
Short Description:

This charming three bedroom house is a great investment at only $25,900 and also tenanted paying $750 per month.