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Size: 0.14 Acres
Type: House
Home: 3 beds - 1 full bath - 1,010 Sq Ft

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Residential, 1 Story, Detroit, MI

Currently rented at $2,700/month through May 2027, this strong cash-flow property offers investors immediate income, lease stability, and a rare monthly rent figure at this price point. The property produces $32,400/year in gross scheduled rental income, creating an attractive 18.5% gross rent-to-price return and a strong 1.54% monthly rent-to-price ratio before expenses. For DSCR buyers, the rent roll is especially compelling as the current rental income provides strong debt-service coverage potential. Final DSCR will depend on interest rate, taxes, insurance, and lender guidelines, but the income profile is exactly what cash-flow investors look for. The existing lease through May 2027 gives the next owner a clear runway of income without needing to immediately place a tenant, market the property, or absorb vacancy risk. That lease stability is a major advantage for buy-and-hold investo...

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Source:First Street

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Source: Realcomp Limited II, MLS# 20261040404
Listing status: Active
Listing last updated: September 14, 2026 at 7:36 PM
Listing last checked: September 14, 2026 at 7:30 PM
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