Studebaker Ave, WARREN MI

Property Address

Studebaker Ave, MI 48091, United States

Lovely 2 bedroom / 1 bathroom bungalow in the great rental area of Warren in Michigan.

Property needs very minor, cosmetic touch ups to be rent ready again with estimates for renovations less that $5000. Our team will handle all updates for you to whatever scope you like.

Once completed property will rent for $850 per month minimum with opportunity for higher depending on scope of updates. Market value after repairs would be US$55,000 + and with returns of over 14% NET after costs including insurance, taxes and management after renovation!

NET ROI after Costs – 14.2%

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Property Details

Size816 sq ft
Bedrooms:2
Bathrooms:1
BasementNo
Garage:No
Rental Return:$750 USD per month
Rental ROI:14.4% after deductions
Est Market Value:$42,500 USD

Deal Price: US$42,500