Three Bedroom House (ref. 41709115) - Houses for Sale, Real Estate - Number of Bedrooms: 3, Number of Bathrooms: 2 - Wayne, Michigan, United States

Members Only:
Welcome to Kugli.com!

New to Kugli.com?
* Create Member Account!

Already a Member?
Login Below:
Forgot Password?

Popular Locations

* India
  * Chennai
  * North Delhi
  * Bangalore
  * Gautam Buddha Nagar
  * Ghaziabad
  * Greater Bombay
* United States
  * New York
  * Los Angeles
  * Miami
  * Louisville
  * Atlanta
  * Houston
* Philippines
  * Makati City
  * Pasig City
  * Cebu City
  * Quezon City
  * Taguig City
  * Mandaluyong City
* Greece
  * Kalamitisi
  * Thessaloníki
  * Nikiti
  * Kalamariá
  * Glyfáda
  * Chaniotis
* Spain
  * Alicante
  * Marbella
  * Málaga
  * Barcelona
  * Torrevieja
  * Nueva Andalucia
* Vietnam
  * Ho Chi Minh City
  * Ha Noi
  * Ho Chi Minh
  * Tay Ho District
  * Ba Dinh District
  * Hcm City

Three Bedroom House (ref. 41709115)
Date & Time Listed: 2025-09-08 10:08:12 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 2
Posted From: United States, Michigan, Wayne

Ad Details:

This fantastic two apartment multi family home is located in Outer Drive-Hayes on the Eastside of
Detroit, the house is just 2 miles from the old Detroit city airport which is now the Coleman A Young
International airport, mainly used for business and military.
The property is split into two apartments, you have a large two bedroom apartment downstairs and
a large one bedroom apartment upstairs . Both apartments will be renovated by Global Investments
best contractors and will be supplied rent ready to a Section 8 standard. The works will begin after
the new owner closes on the property. When complete the management company will place brand
new vetted tenants. The down apartment should achieve $950 – $ 1,250 in rent per month and the
upper should achieve $750 – $1,000 per month.
This house is located in Wade on the East side of Detroit. Wade is close to Harper Woods,
Eastpointe and the famous East English Village. This area has many great schools and lots of local
amenities. The house is just 1.7 Miles to Chandler Park, one of the largest golf courses in Detroit.
Investment Calculations
Purchase price
$99,900
Gross annual rental income:
$27,000
Property running costs:(Tax, insurance and management costs)
$4,432
Net annual rental income:
$22,568
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
23%
Break even in
4.34 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 2

Price: 99,900.00 USD

More Ads Posted by Member

Contact Ad Poster by E-Mail

Report Ad

*
* Wrong Category / Location
* Spam / Overpost

Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 2 Posted From: United States, Michigan, Wayne

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 2
Posted From: United States, Michigan, Wayne