5967 University Place, DETROIT MI

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Property Address

5967 University Pl DETROIT, MI 48224, United States

Lovely finished bungalow in a highly sought after area of Detroit – East English Village / Morningside. Just in from Grosse Point and close to St John Ascension Hospital, 4 Bedrooms with 2 Bathrooms this home if fully renovated inside including bathrooms, kitchen, paint carpet, flooring and brand new Roof. Not a cent to spend inside!

Market values in this region can be US$100K+ so this property gives instant equity. Tenanted with 12 month lease in place also means Instant Cashflow!

NET ROI after Costs 11.4%

Property Details

House Size	1191 sq ft
Bedrooms:	4
Bathrooms:	2
Basement	Yes
Garage:	Yes
Lot Size:	5227 sq ft
Rental Return:	$1050 USD per month
Return on Investment:	11.4% after deductions
Est Market Value:	$95,000 USD