Detroit, Wayne County, Michigan, USA
- PROPERTY TYPE
Detached
- BEDROOMS
2
- BATHROOMS
1
- SIZE
777 sq ft
72 sq m
Key features
- Two bedrooms
- Tenanted
- Fully managed
- Local staff
- Garden
- Great location
- Good condition
- Section 8
Description
neighbourhood right next to Aviation Sub. This is a quiet respectable area just North of
Dearborn and has a great community feel
This property consists of two large bedrooms, one bathroom, a lounge diner, a full
basement and a large rear garden. The house has just been remodelled inside and now has
section 8 tenants in place paying $1,000 per month, this rent is paid directly to the landlord
by the City of Detroit.
Fiskhorn is a great neighbourhood in Detroit. This area is next to Aviation Sub and Dearborn
which are viewed as two of the top areas in Detroit. Many residents of Dearborn have relocated to Aviation Sub and Fiskhorn due to its exclusive appeal. The house is also just 10
minutes from Wayne County community college and the University of Detroit.
Investment Calculations
Purchase price
$71,900
Gross annual rental income:
$12,000
Property running costs:
(Tax, insurance and management costs)
$3,146
Net annual rental income:
$8,854
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
13%
Break even in
7.69 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
NEAREST AIRPORTS
Distances are straight line measurements- Detroit(International)15.7 miles
Advice on buying American property
Learn everything you need to know to successfully find and buy a property in USA.
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 ikjuyhvcxzaswe) 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.