16900 Lamphere Street Detroit

$60,000
Reserved
SKU: 2608
Property type: House
Area (Sq Ft)
1163
Bedrooms
3
Bathrooms
1

Financial Details

  • Est Rent PCM : $800
  • Yearly Income : $9,600
  • Management: $960
  • Taxes: $1,234
  • Insurance: $550
  • Net Income: $6,847
  • Net Yield: 11.41%

Description

This three bedroom/two bathroom family home is located on 16092 Manning Street in the Regent Park neighborhood of Detroit. It is a congenial working-class neighborhood with tree-lined streets that is accessed by all major freeways and has excellent public schools, hospitals, and parks.

The 1,200 square foot property has a 6,500 square foot lot with a covered garage with space for two cars and a nice private yard.

This property is occupied by a cash-paying tenant.