Deal summary

Section 8 SFH in Detroit, MI 48213 – $50,000

2 bed · 1 bath · 1842 sqft · built 1950 · Wayne County

Check out this vacant 2-bed, 1-bath single-family home in Detroit offering strong cash flow potential and an estimated 35.18% Cash-on-Cash Return. The property features a fully remodeled main bathroom, updated electrical throughout, new basement recessed lighting, a new 220V outlet ready for a fireplace, updated laundry room wiring, plus a brand-new furnace and hot water tank. With a potential rent of $1,170/month, this is a great turnkey rental opportunity for buy-and-hold investors.

HUD rent $1,170/mo