About This Home

This 3-bedroom, 1-bathroom single family at 16514 Burt Road in Detroit, MI is listed for $79,900 ($93 per sqft). Built in 1942, the home offers 858 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1942
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
1 full
2-car garage
1942
Listing Description

FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH - BELOW MARKET VALUE - WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE.

LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.

WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT'S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.

Monthly Cost Estimate

$427/mo

20% down · 6.5% · 30 years

Principal$58
Interest$346
Insurance$23

Estimates only. Actual payments may vary.

Location

16514 Burt Road

Detroit, MI 48219

Grand River Suburban

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 16514 Burt Road is listed at $79,900 ($93/sqft). The estimated monthly payment is $427 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 0.14 acre lot, 2 stories.

This property is listed by Yasir Abulaban.

YA

Yasir Abulaban

Agent at Own It Realty

Listed by Own It Realty · Broker phone: (313) 395-0000 · View on Broker Site · Broker website

MLS# 20261062084· Source: Realcomp Limited II· 87 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16514 Burt Road, Detroit, MI 48219

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