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House for sale
£80,591
Michigan, Wayne County, Detroit, USA Property ID: 41708941
Property description
This very nice three bedroom house is located on a very well kept street in Farwell on
the Eastside of Detroit. The house is just 1 mile from John J Pershing High School.
This property consists of three spacious bedrooms, one bathroom, a lounge diner, a full
basement and a large garden. The house will be renovated by Global Investments best
contractors and will be supplied rent ready to a Section 8 standard. The works will begin
when the new owner closes on the property. When complete the management
company will place brand new vetted tenants. The house should achieve $1,350 –
$1,700 in rent each month based on the current Section 8 rates.
This house is located in farwell, a great area in Detroit with a proud community feel, this
area has great schools and lots of local amenities. The house is just a shot walk Farwell
Park, a 90-acre park whcih features multiple sports fields, basketball courts, tennis
courts, playground, fitness equipment, and a park shelter.
Return of investment
18%
Break even in
5.5 Years.