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About the Listing 104654 - RC423833,RC393477
Investor Opportunity – Turnkey Rental with Strong Returns. Welcome to 19210 Conley, a fully updated brick bungalow offering immediate cash-flow potential and an ideal low-maintenance asset for buy-and-hold investors. This move-in-ready home features 3 spacious bedrooms, 1 renovated bathroom, a full basement for additional storage or value-add use, and a detached garage that enhances tenant appeal. Recent upgrades include brand-new flooring, fresh interior paint, a fully remodeled kitchen, and a modernized bathroom, making it ready for immediate occupancy or continued rental use. With a projected rent of $1,250/month ($15,000 annually) and a purchase price of $89,000, this property delivers strong fundamentals with an estimated ~12% ROI with 20% down payment, supported by stable rental demand and efficient operating costs. Additionally, the property qualifies for the $25,000 MSHDA grant, further improving affordability and enhancing overall investor returns, making this a solid turnkey opportunity for consistent cash flow and long-term appreciation.
Listing Highlights
Status
Active
Days on Site
33
Property Type
Residential
MLS ®
60980301
Year Built
1930
Total Square Footage
886
Lot/Acreage
0.1
County
Wayne
Neighborhood
Seymour & Troesters Polonia Park Sub
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: 886
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 35X129
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $867
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
19210 Conley Detroit, MI 48234
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