Rossiter Street Detroit

$59,000
SKU: 1864
Area (Sq Ft)
967
Bedrooms
3
Bathrooms
1

Financial Details

  • Est Rent PCM: $850
  • Yearly Income: $10200
  • Management: $1020
  • Taxes: $923
  • Insurance: $500
  • Net Income: $7557
  • Net Yield : 13,15%
  • Status: For Sale

Description

This newly acquired three bedroom/one bathroom single-family home is located on Rossiter Street in the Moross-Morang neighborhood of Detroit. The traditional style brick property is in excellent condition but is currently being cleaned and undergoing some minor updates.

Rossiter Street is close to elementary schools and high schools, beautiful green parks, bike trails, supermarkets, and churches. It´s a quiet and safe community.

The home will be ready to be rented 40 days after closing on the sale of the property. The average rent of similar properties in this neighborhood is $850 per month and Masterkey predicts it can be rented for this amount, give or take $50.