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About the Listing 104654 - RC423833,RC393477
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.
Listing Highlights
Status
Active
Days on Site
60
Property Type
Residential
MLS ®
60973958
Year Built
1943
Total Square Footage
1,003
Lot/Acreage
0.1
County
Wayne
Neighborhood
Drennan & Seldons Lasalle College Park 3
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1003
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 1 car
- Lot Dimensions: 35X130
- Roof:
- Others:
- Sewer:
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $1,833
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
17673 Teppert Detroit, MI 48234
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