This 3-bedroom, 3-bathroom single family at 9617 Stahelin Avenue in Detroit, MI is listed for $89,500 ($88 per sqft). Built in 1949, the home offers 1,012 sqft of living space on a 0.17 acres lot.
Key Features
Built in 1949
0.17 acre lot
Property Details
1 story
2 full, 1 half
2-car garage
1949
Listing Description
This 3-bedroom, 3-bath bungalow is tenant occupied under a 2-year lease with monthly rent of $1,375, providing approximately $16,500 in annual gross rental income. An attractive opportunity for buy-and-hold investors, portfolio builders, or anyone seeking an affordable, income-producing rental property without the delay of finding a tenant.
Monthly Cost Estimate
$479/mo
20% down · 6.5% · 30 years
Principal$65
Interest$388
Insurance$26
Estimates only. Actual payments may vary.
Location
9617 Stahelin Avenue
Detroit, MI 48228
Features & Amenities
Interior Features
Broadband
Property Details
Flooring
WoodTile - Ceramic
Construction
Aluminum Siding
Heating
Forced Air
Questions & Answers
This 3-bedroom, 3-bathroom single family at 9617 Stahelin Avenue is listed at $89,500 ($88/sqft). The estimated monthly payment is $479 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1949, 0.17 acre lot. Interior Features: Broadband.