General Information

  • IRR%: 14.8
  • CoC%: 14.8
  • Minimum: 1k USD
  • Type: -
  • Asset: -
  • Investors: 0
  • Start Date: 2019-02-28
  • End Date: 2019-03-11
  • Target: 74.1k USD
  • Completed: 100%

Additional Information

  • 14215 Prevost Street
  • MI 48227
  • Detroit
  • Michigan
  • United States

This single-family, 3 bedroom 1 bathroom home was built in 1936 and is comprised of two-stories, offering a very generous 130.4m2 of living space.

This property comes complete with a built-in fireplace in the living room, forced air heating and central cooling offering a warm, comfortable environment in the winter and cool, fresh space in the summer.

 

Key Selling Points

Recently refurbished, this property offers fantastic rental returns of 11%. Not only that, the property is fully certified and comes under the Federal Governments Section 8 Rental plan meaning that the rental is partially guaranteed by the US government. This plan also serves to reduce tenancy risk on the property.

In addition to that, numerous private and state lead initiatives are focusing on rebuilding Detroit, its downtown neighbourhoods and increasing employment. We believe that all of these factors combined will help to drive property prices in the area higher in the near future and further increase investors’ returns. 

Project offered by

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