Elizabeth St, MARINE CITY MI

Property Address

5967  University Pl DETROIT, MI 48224, United States

Beautiful 4 bedroom, 2 Bathroom 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, this home if fully renovated inside including bathrooms, kitchen, paint carpet, flooring and brand new Roof. Hardly a cent to spend!

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 10.9%

Property Details

Size1191 sq ft
Bedrooms:4
Bathrooms:2
BasementYes
Garage:Yes
Rental Return:$1150 USD per month
Rental ROI:10.9% after deductions
Est Market Value:$100,500 USD

Deal Price: US$84,500