$92,000
Section 8 Cash Flow Play, Detroit MI
Detroit, MI 48224
AvailableSection 8
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Available
1 / 20
3Beds
3Baths
1,904Sq Ft
1951Year Built
Why Buy?
Rent
$1,760/mo
Price
$92,000
Rent to price
1.9%
Repairs
About $5000
The Numbers
Asking Price
$92,000
EMD
$1,000
HUD Rent
$1,760
Map
Subject Property
Deal summary
Section 8 Multi-Family in Detroit, MI 48224 – $92,000
3 bed · 3 bath · 1904 sqft · built 1951 · Wayne County
3 bed, 3 bath multi-family at 5200 Chalmers built in 1951, asking 92k with about 10k in repairs needed. You're looking at roughly 1,760 a month in rent once it's stabilized. Numbers work for someone wanting a hands-on rental property or a quick flip.
HUD rent $1,760/mo · est. rehab $5,000