Detroit, Wayne County, Michigan, USA
- PROPERTY TYPE
Detached
- BEDROOMS
3
- BATHROOMS
1
- SIZE
1,500 sq ft
139 sq m
Key features
- Three bedrooms
- Tenanted
- Fully managed
- Local staff
- Garden
- Great location
- Good condition
Description
Evergreen - Outer Drive on the Westside of Detroit, the house is just a short walk to
Wayne County Community College, one of the best colleges in Detroit, Evergreen -
Outer Drive is surrounded by some of the best neighbourhoods in Detroit.
This property has three large bedrooms, one bathroom, a large basement, and a
large rear garden. The house has a tenant in place paying $925 in rent each month.
The seller has asked not to disturb the tenants so interior picture will be supplied on
inspection prior to contract. The current market rent for this property is closer to
$1,200 each month.
This propetry is located in Evergreen - Outer Drive, A very nice Community on the
Westside of Detroit, Evergreen - Outer Drive is surrounded by some of the best
suburbs in Detroit and is just 5 minutes North of Rosedale Park Historic district. The
house is also just a short walk to Wayne County Community College.
Investment Calculations
Purchase price
$89,900
Gross annual rental income:
$11,100
Property running costs:
(Tax, insurance and management costs)
3,196
Net annual rental income:
7,904
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
9%
Break even in
11,1 Years
Let GLOBAL help you with your real estate Investments. We are here to help you build your real estate portfolios, and can customise a purchase plan for your wealth building future! Global Investments provides our clients with excellent strategies for real estate investing, home ownership and wealth building. Understanding the market is the key to success. The market has changed so vastly in the past two years, it takes knowledge to navigate the current local markets and get the best deals.
For the real estate investor, this is the time to take advantage of the market, build portfolios, and create passive real estate income, all leading to future wealth. It can be difficult for new real estate investors to learn to navigate around all of the areas we sell in. Online public information directories, website listing companies etc, all can be very daunting, that is what we are here for.
We specialise in selling single family and multi tenanted homes in all States in the US. We have exclusive agreements with the biggest Asset Management Companies and Banks in the US bringing you the best investments at the best prices with no hidden gimmicks.
Just straight talking advice.
We pride ourselves on the level of service that we give before and after the sale, giving you a 24/7 hands on service which is unrivalled in the industry.
Our biggest business is repeat business and referral.
What we offer?
1.US and Uk offices.
2. Highest ROI in the marketplace
3. On the ground management.
4. Professionally managed by our US staff.
5. Safe and secure locations.
6. Renovation team on the ground.
7. Investment renovation packages
8. 24/7 after sales on hand every day.
9. Award winning Brokers
10. 5 star reviews.
11. Bulk purchases
12. LLC set up.
13. Home Warranty.
14. Landlord Insurance
If you're looking for great properties to purchase with excellent on-the-ground local property management then check out our current inventory, and contact us with any questions ?
Welcome to Global "We are always here to help."
Global Investments " The straight talking property company. "
Detroit, Wayne County, Michigan, USA
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Distances are straight line measurements- Detroit(International)15.7 miles
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About the agent
Global Investments USA, Manchester
Reedham House, 31 King Street West, Manchester M3 2PJ
At Global, our dynamic team of investment specialists will give you the best and most professional advice, without forgetting the personal touch. We can deliver the best prices and yields in every market we operate in, we have our finger on the pulse.
With our US property investments our broad network of agents covers every State in the USA. We are currently one of the market leaders as our Agents have their ears to the ground delivering the best priced properties the second they hit th
Notes
This is a property advertisement provided and maintained by Global Investments USA, Manchester (reference olkhxcdtukk) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.