Description
Great Section 8–approved investment opportunity in Detroit’s Von Steuben neighborhood, offering immediate and reliable cash flow from day one. This fully renovated ranch is currently tenant-occupied at $1,300/month, providing stable, government-backed rental income with minimal management requirements. The property features durable laminate flooring, fresh interior paint, a modernized kitchen and bathroom, newer windows, and low-maintenance finishes throughout, supporting long-term durability and reduced operating costs. A functional layout, full basement with additional value potential, and detached garage further enhance tenant appeal and overall investment stability. Priced at $110,000 with standard financing terms, this asset delivers strong performance fundamentals and an estimated ~14% ROI with 20% down payment, making it a well-positioned turnkey investment for buyers seeking consistent income and long-term portfolio growth.
Location
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IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 8th May, 2026 11:29 AM (UTC)
Listing Agent: MD Gulsan Ahmed
Listing Office: Amin Realty
