This large two bedroom brick house is amazing value at only $26,500 for Detroit this is rare.
Garden, Basement, On Street Parking
This very large two bedroom house is exclusive to Global Investments, this tudor style property is very well located in Mayfair Park, the average list price for Mayfair Park is $33,565.This property will rent quickly and comes with a one month rental guarantee, this will be paid to you on closing. This house is under management by one of the leading Detroit property management companies.Mayfair Park is a good family area in Detroit with many good schools and great local amenities. Mayfair Park is close to Grandmont Rosedale and Redford, this house is also located close to Wayne County Community College.
$8,400 rent a year. $840 management fee. $1,854 taxes. $500 insurance. = 20% net return.