Overview
- Single Family Residence
- 3
- 1
- 2
- 782
Description
Welcome to a fully renovated, turnkey investment opportunity in Detroit’s rapidly appreciating Morningside neighborhood. This solid brick bungalow is already income-producing with an active lease in place at $1,300/month, delivering immediate cash flow from day one. The home has been thoughtfully updated with brand-new laminate flooring, fresh modern paint, new windows, and a completely renovated kitchen and bathroom—keeping maintenance low and minimizing future capital expenditures. A new HVAC system will also be installed prior to closing, providing added value and long-term peace of mind. With strong rental demand in the area and ongoing neighborhood appreciation, this property is ideal for investors seeking stability and growth. Based on a 20% down payment, the property offers an estimated 10% return on investment, making it a compelling buy-and-hold asset. Don’t miss the chance to secure a low-maintenance, cash-flowing property in one of Detroit’s most promising rental markets.
Nearby School
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High School District Detroit
Mortgage Calculator
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