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$84,900
Est. payment /mo
3 Beds
1 Bath
886 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 886 sqft
Price per Sqft $95
MLS Listing ID 20261021083
Bedrooms 3
Full Baths 1
Year Built 1930
Annual Tax Amount $867
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X129
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Investor Opportunity – Turnkey Rental with Strong Returns. Welcome to 19210 Conley, a fully updated brick bungalow offering immediate cash-flow potential and an ideal low-maintenance asset for buy-and-hold investors. This move-in-ready home features 3 spacious bedrooms, 1 renovated bathroom, a full basement for additional storage or value-add use, and a detached garage that enhances tenant appeal. Recent upgrades include brand-new flooring, fresh interior paint, a fully remodeled kitchen, and a modernized bathroom, making it ready for immediate occupancy or continued rental use. With a projected rent of $1,250/month ($15,000 annually) and a purchase price of $89,000, this property delivers strong fundamentals with an estimated ~12% ROI with 20% down payment, supported by stable rental demand and efficient operating costs. Additionally, the property qualifies for the $25,000 MSHDA grant, further improving affordability and enhancing overall investor returns, making this a solid turnkey opportunity for consistent cash flow and long-term appreciation.
Location
State MI
County Wayne
Direction W of Mound, N of 7 Mile
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W13I016564S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Amin Realty
Nearby Locations
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