Please check your email for your login details.3 Beds
$110,000
2 Baths
1080 Sq FT
$101.85 Price per Sq Ft
Highlights
HighSpeedInternetNoGarage
About This Home
Turnkey investment opportunity with immediate income already in place. This updated brick property is currently tenant occupied at $1,400 per month, with a lease secured through October 2026, allowing you to step into cash flow from day one without the time or expense of placing a tenant. At the current rental rate, the property produces $16,800 annually in gross rental income, delivering an attractive rent-to-price ratio of over 15% gross annual return before expenses. With today’s DSCR lending environment, the existing rental income positions this property well for investors seeking strong debt-service coverage and cash-flow potential. The home itself has been thoughtfully updated to support long-term tenant satisfaction and minimize future capital expenses. Featuring 3 bedrooms and 1.5 baths, the property offers updated flooring, modern finishes, and a clean neutral interior that continues to attract strong rental demand. The functional layout, the modern updates, and the newer roof make this an ideal low-maintenance addition to any portfolio. Whether you’re expanding your portfolio or securing your next reliable rental, this property offers the combination investors are looking for: performing income, secured tenancy, updated condition, and strong rental fundamentals at an appropriate price point.
Listing Agent
Anuj Chand
Keller Williams First
Listed on : May 20, 2026
Activity
Days on Market:1
Home Details
Home Type
- Residential
Est. Annual Taxes
- $2,267
Year Built
- Built in 1936
Lot Details
- 0.11 Acre Lot
- Lot Dimensions are 41.5X118.92
Parking
- NoGarage
Home Design
Interior Spaces
- 1,080 Sq Ft Home
- HighSpeedInternet
Kitchen
Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48228
Utilities
- ForcedAir, NaturalGas
- Water Source: Public
- Sewer: PublicSewer
About the Showing Agent
Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.
Map
Anuj’s Other Listings.
Hassan Scheib