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Solid income-producing Detroit brick home-an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio. The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses. Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand. Highlights: - Tenant-occupied | $1,050/month cash rent - DSCR above 1.20 - Brand-new furnace - Brand-new hot water tank - Solid brick construction - Turnkey, low-maintenance investment No showings without an accepted offer...
Solid income-producing Detroit brick home-an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio. The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses. Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand. Highlights: - Tenant-occupied | $1,050/month cash rent - DSCR above 1.20 - Brand-new furnace - Brand-new hot water tank - Solid brick construction - Turnkey, low-maintenance investment No showings without an accepted offer. Ideal for investors seeking reliable cash flow
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