3 Bedroom Villa in Detroit, USA (ZPOC-T2710930)

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Low cost house in Detroit - only $22,500! & Originally sold for $82,000 in 2004! & The exterior quality of the property is excellent. & The interior condition is excellent. & All rooms have been freshly painted and the floors are in good condition. & All mechanicals are intact and functioning as they should: electricity, plumbing and heating systems. & Very nice, quiet neighbourhood in a convenient location. & 904 sq ft & Lot size 5227 sq ft & Built in 1952 & 3 bedrooms & 1.5 bathrooms & Annual taxes $2,550 & Insurance $500 per year & Rented out for $700 per month & Admin fee $70 per month & Return on Investment per year $4,510 & Yield 21%Investment CharacteristicsResidential LettingHigh YieldPositive CashflowImmediate IncomeKey selling points:Low cost house in Detroit for only $22500Originally sold for $82000 in 2004Rented out for $700 per monthVery nice- quiet neighbourhood in a convenient location

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