$61,000

8467 Plainview Avenue

UNDER RENOVATION: This newly acquired three bedroom/one bathroom single-family home is located on Plainview Avenue in the O´Hair Park neighborhood of Detroit. The property is in good condition but is currently being cleaned and undergoing repairs. Walls are being repainted, new carpet is being installed throughout the entire house, kitchen cabinets are being repaired and the basement walls and floors are being updated. 

O´Hair Park is a residential area that is perfect for families. There are many parks, bike trails, schools, churches, and amenities in the area. Downtown Detroit is approximately a 20-minute drive away. 

The property will be ready to be rented approximately 40 days after closing on the property. The average rent of similar properties in this neighborhood is $850 per month and Masterkey predicts it can be rented for this amount, give or take $50.

Details

Price : $61,000
Property Type : House
Purpose : Sell
Status : Available
Area : 701 Sq Ft
Address : 8467 Plainview Avenue
State : Michigan
Zip Code : 48219
City : Detroit
Country : USA
Property ID : 1893

Internal Structure

Bedrooms : 3
Bathrooms : 1

Video

Financial Details

Est. Rent PCM : $850
Yearly Income : $10,200
Management : $1,020
Taxes : $1,122
Insurance : $500
Net Income : $7,558
Net Yield : 12.39%

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