Property for sale in Detroit - 22905956 - Advertised on propertyO by Global Investments Incorporated

Townhouse for sale


Michigan, Wayne County, Detroit, USA Property ID: 22905956

Property description

This large three bedroom house is located in Brightmoor a very popular area with investors. The property is in a good condition and has great tenants in place paying $700 a month in rent. This property is under management by one of the leading Detroit property management company.Brightmoor is a great area with many good schools and lots of local amenities, it is close to Redford Charter Township, Eliza Howell Park, Grandmont Rosedale and Rosedale Park which are also good areas in Detroit.


Investment Details


$8,400 rent a year.
$840 management fee.
$1,600 taxes.
$500 insurance.
= 20% net return.

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