This stunning three bedroom brick house is amazing value at only $34,000 and in great condition inside perfect rental investment property.
Garden, Basement, Off Street Parking
This three bedroom is located in Warrendale in a quiet neighbourhood with very well kept properties . This property is in a very good condition and has a great tenant in place paying $800 a month which is high for a three bedroom house. This property is also under management by one of the leading Detroit property management companies.This property is located in Warrendale which is seen as an up and coming area. Warrendale has many good schools and great local facilities and is very close to Dearborn Heights and Ford Woods.
$9,600 rent a year. $960 management fee. $1,112 taxes. $440 insurance. = 21% net return.