Deal summary

Section 8 SFH in Detroit, MI 48219 – $73,000

3 bed · 1 bath · 1004 sqft · built 1946 · Wayne County

This vacant 3-bedroom, 1-bath home is offered at just $72,000 and offers approximately $1,503/month in rent potential. Based on estimated DSCR financing, the property projects around $517/month in net cash flow and an impressive 32.01% cash-on-cash return. With 1,004 SF of living space on a 6,098 SF lot, this move-in ready rental is a strong opportunity for investors seeking affordable entry and solid cash flow.

HUD rent $1,503/mo · est. rehab $5,000