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About the Listing 113115 - 734173
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
Listing Highlights
Status
Active
Days on Site
11
Property Type
Residential
MLS ®
70511775
Year Built
1930
Total Square Footage
1,064
Lot/Acreage
0.11
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1064
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 46 x 117 x 46 x 118
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $1,939
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
19225 Conley Detroit, MI 48234
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