Solid income-producing Detroit brick home--an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio.The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses.Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.Highlights:Tenant-occupied \ $1,050/month cash rentDSCR above 1.20Brand-new furnaceBrand-new hot water tankSolid brick constructionTurnkey, low-maintenance investmentNo showings without an accepted offer.Ideal for investors seeking reliable cash flow
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Last Updated: . Source: REALCOMP
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Listing Agent: Kingsley Ifezue (#81180659696655), Email: Kingsley@detroitmetrorealty.com
Listing Office: Detroit Metro Realty (#814807906513)
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