Bloom St, DETROIT MI

Property Address

Bloom St, MI 48234, United States

Lovely 2 Bedroom 2 Bathroom bungalow in a good rental area.

Property has been renovated including flooring, new mechanicals kitchen, bathrooms and basement. Complete with 2 car garage and newer roof, home is rent ready!

Could rent for as high as $750-800 per month, but even at $700 and for under $40,000 USD, this investment will return almost 13% NET after costs including insurance, taxes and management. Average market value for this area is around $45,000

NET ROI after Costs – 12.8%

Property Details

Size1200 sq ft
Bedrooms:2
Bathrooms:2
BasementYes
Garage:Yes
Rental Return:$700 USD per month
Rental ROI:11.3% after deductions
Est Market Value:$45,000 USD

Purchase Price: US$38,850