Three bedroom house Detroit, Wayne County, Michigan, USA 3 Bed Townhouse £23,117 | €26,201 | $28,900 Request a Currency Exchange Quote Here

This large three bedroom brick house is amazing value at only $28,900 and also tenanted paying $8,400 per year.

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Basement, On Street Parking

Lifestyle features

Suburban, Town
Property Description ID:22982398

This large three bedroom ranch style property is currently listed in the US at $30,000, Global Investments have an exclusive $2,000 discount for our clients only. The property was only recently updated including an updated kitchen, polished hardwood floors and new paint. There is a great new tenant in place paying $700 a month. This property is under management by one of the leading Detroit property management companies.This property is located in Ravendale which is a good family area which has many schools and good local facilities. Ravendale is close to Redford Charter Township and River Rouge, also great areas in Detroit.

 

Investment Details

 

$8,400 rent a year.
$840 management fee.
$1,300 taxes.
$500 insurance.
= 21% net return.

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