Turnkey income-producing property — tenant in place, cash flowing from day one. This updated 3-bed, 1-bath bungalow is currently occupied by a cash-paying tenant on a one-year lease at $1,100/month, delivering a 14% ROI with 20% down. The property has been fully renovated — no deferred maintenance, no capital expenditure surprises. Updates include new flooring, fresh paint, updated lighting, a renovated kitchen with new cabinetry and countertops, and updated mechanicals in the full basement. Low-maintenance exterior means minimal ongoing upkeep costs. Layout offers strong rental flexibility: two main-floor bedrooms plus a large upper-level third bedroom that can serve as a flex space — attractive to a wide tenant pool. Private driveway and fenced yard add practical tenant appeal and support long-term retention. Conveniently located near major roads, shopping, and everyday amenities — a solid rental location that supports low vacancy risk. Ideal for the buy-and-hold investor seeking immediate cash flow!
Listed By
Agency Name: Amin Realty
Agency Phone: (833) 264-6832
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 201.38 per month $178.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $23.33 Homeowner's Insurance
18027 Moenart Street | MLS# 20261021131
This single family home located at 18027 Moenart Street, Detroit, MI 48234 is currently listed for sale with an asking price of $80,000. This property was built in 1950 and has 2 bedrooms and 1 full baths with 732 sq. ft. Moenart Street is located in the Harrahs Norwood Sub subdivision within the Detroit school district. Search Harrahs Norwood Sub real estate on www.griffithrealty.com today.