19318 Fairport Street Detroit

$56,000
SKU: 2461
Property type: House
Area (Sq Ft)
875
Bedrooms
2
Bathrooms
1

Financial Details

  • Est Rent PCM: $800
  • Yearly Income: $9600
  • Management: $960
  • Taxes: $966
  • Insurance: $550 Est
  • Net Income: $7124
  • Net Yield: 12.72%

Description

New listing!

Fantastic ranch style home on 19318 Fairport Street with 2 bedrooms and one bathroom. The house is in excellent condition with polished wooden floors, freshly painted walls, and a tenant who keeps everything neat and clean. The exterior has a garden with mature trees, a garage with space for one car, and a fenced-in backyard.

The home is currently rented by a reputable lessee who takes good care of the property and its yard. They pay cash each month and on time.

The investment property is located in an eastern Detroit neighborhood called Pulaski. It is only a 15-minute drive to downtown Detroit and is an area with traditional brick houses built in the 1940s. Calimera Park, several elementary schools, high schools, various shops, and a diverse selection of restaurants are all nearby.