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About This Home

This 3-bedroom, 1-bathroom single family at 19225 Conley Street in Detroit, MI is listed for $85,000 ($80 per sqft). Built in 1930, the home offers 1,064 sqft of living space on a 0.11 acres lot.

Agent Description

Solid income-producing Detroit brick home-an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio.

The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses. Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.

Highlights: - Tenant-occupied | $1,050/month cash rent - DSCR above 1.20 - Brand-new furnace - Brand-new hot water tank - Solid brick construction - Turnkey, low-maintenance investment No showings without an accepted offer. Ideal for investors seeking reliable cash flow

Key Features

  • Built in 1930
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
1 full
1930

Monthly Cost Estimate

$455/mo

20% down · 6.5% · 30 years

Principal$61
Interest$368
Insurance$25

Estimates only. Actual payments may vary.

Location

19225 Conley Street

Detroit, MI 48234

Seymour & Troesters Polonia Park Sub

Property Details

Flooring

LaminateCarpet

Construction

Brick Vinyl Siding

Pool Features

Porch

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 19225 Conley Street is listed at $85,000 ($80/sqft). The estimated monthly payment is $368 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.11 acre lot, 2 stories.

This property is listed by Kingsley Ifezue and can be reached at 5862563945 or Kingsley@detroitmetrorealty.com.

KI

Kingsley Ifezue

Agent at Detroit Metro Realty

(586) 256-3945

Listed by Detroit Metro Realty

MLS# 26002091· Source: listhub· Updated 84 days ago

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19225 Conley Street, Detroit, MI 48234

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