Three bedroom house

Full Description

This very large three bedroom colonial style property is Section 8 approved and Section 8 tenanted. This property has very low yearly taxes which makes it the ideal investment property. This house comes on a large plot with a full basement and detached garage.This property is under management by one of the leading Detroit property management companies.This property is located in Puncher part of the Denby community, this area has lots of great schools and good local amenities.This area is next to Pulaski and only 3 mlles from the very demanded Eastpointe.

 

Investment Details

 

$9,000 rent a year.
$900 management fee.
$696 taxes.
$500 insurance.
= 23% net return.

Key Information

Property ID: 23051571
Price: £23,470
Property Type: Townhouse
Categories:

  • Residential Property
  • House

This large three bedroom brick house is a great first time investment at only $29,900 and with a rental income of $9,000 per year.