$247777 Price Analysis 3803 Tyler StDetroit, MI 48238 7 bed 3 bath 2600 SqFt ($95/SqFt) 3920SqFt lot. Built 1927 Listed 2024-05-17 | Ⓧ USDA Ineligible due to location near Detroit |
Cash, close. 100% Occupied Section 8. 77% of rent paid by federal government each month. $3750 gross $2812 less 25% mgmt/vac/capx $2212 less $600 tax/ns/utils $26, 550 annual NOI 10.71% CAP Rate @ $247, 777 Detroit invested $21M to revitalize the this block/neighborhood Brand new restaurants at end the street and construction everywhere 4052 Tyler Street appraised @ 260k
We are look ing for a quick, cash, close. 100% Occupied Section 8. 77% of rent paid by federal government each month. $3750 gross $2812 less 25% mgmt/vac/capx $2212 less $600 tax/ns/utils $26, 550 annual NOI 10.71% CAP Rate @ $247, 777 Detroit invested $21M to revitalize the this block/neighborhood Brand new restaurants at end the street and construction everywhere 4052 Tyler Street appraised @ 260k
Presented by Steve Koleno at
Beycome Brokerage Realty LLC.
Property MLS #20240032597 from Realcomp
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.