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Townhouse

Full Description

This large three bedroom house is undervalued and has been priced for a quick sale. The property is in a very good condition and has a great tenant in place paying $625 a month. This property is under management by one of the leading Detroit property management companies.This property is located in Kings Heights, which is a neighbourhood in the Denby area of Detroit. Denby is a good area with many local schools and colleges, you have many famous streets in Denby like Balfour Road, Yorkshire Road and Nottingham Road. The average list price for ZIP code 48224 is $32,563.

 

Investment Details

 

 $7,500 Rent a year.

 $750 Management fees.

 $1,677 Property taxes.

 $440 Insurance.

 18% Net return.

Key Information

Property ID: 22611007
Location: USA, Michigan, Wayne County, Detroit
Categories:
  • House
  • Townhouse
Bedrooms: 3
Bathrooms: 1
Price:
  • £19,658
  • €22,370
  • $25,900
Short Description:

This large three bedroom brick house is fantastic value at only $25,900 for Detroit this is a rare find in this area perfect for long term rentals.