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Street View
$85,000
3 Beds
- 2 Baths
2 full baths
1,603sqft
11437 Kenmoor St, Detroit, MI 48205
$85,000
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Single Family Residence
Built in 1938
$-- HOA
0.12 acre lot
$53/sq.ft
Description
Here's a cash-flowing tenant occupied brick rental with strong fundamentals already in place. Priced at $85,000 and currently rented at $1,448/month until June 2027, this 3-bedroom, 2-bath single-family home offers investors immediate income and attractive rent-to-price performance. From an investor standpoint, the numbers are strong. At the current rent, the property produces $17,376/year in gross rental income, which equals approximately a 20.4% gross rent-to-price return. For DSCR-focused buyers, the rental income gives this property attractive coverage potential. Based on an estimated 75% LTV loan, the current rent produces a strong estimated DSCR before taxes and ins...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1938
HOA Fees
-
Finished Area
1,603 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261036809
MLS Status
Active
Days on Market
82
Cumulative Days on Market
92
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