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Buy&Hold (Rental): 9179 MANISTIQUE ST, DETROIT, MI 48224 + PENDING SALE

Updated: Apr 4

Single Family Investment Opportunity











Price

$60,000


Exclusive Off-Market Investment Opportunity: Turnkey Tenant-Occupied Home in Detroit

Introducing a lucrative investment opportunity in Detroit's robust rental market — 9179 Manistique, a tenant-occupied, single-family home that perfectly embodies the turnkey investment model. Priced at $60,000, this property not only meets but well exceeds the coveted 1% rental rule, offering a remarkable monthly income of $1,000.



Investment Highlights:

  • Address: 9179 Manistique, Detroit, MI 48224

  • Sale Price: $60,000

  • Monthly Rental Income: $1,000

  • Bedrooms: 3

  • Bathroom: 1

  • Living Space: 1,125 square feet


Why Invest in 9179 Manistique?

  • Turnkey Investment: With a tenant already in place, investors can enjoy immediate cash flow, making this an ideal acquisition for those looking to expand their portfolio with minimal hassle.

  • Strong Rental Yield: This property's monthly rent significantly exceeds the 1% rule, indicating a high-yield investment with a robust return on the purchase price.

  • Desirable Layout and Size: Featuring three bedrooms and a bathroom across 1,125 square feet, this home caters to a broad rental market, ensuring sustained demand.

  • Strategic Location: Nestled in a sought-after Detroit neighborhood, the property benefits from proximity to local amenities, schools, and public transportation, enhancing its appeal to long-term tenants.

Seize the Opportunity: 9179 Manistique represents a strategic investment in a market known for its resilience and potential for growth. Whether you're looking to diversify your investment portfolio or step into the real estate market with a solid, income-producing asset, this property is poised to deliver exceptional value.


Submit Your Offer: We are directly accepting offers via email. To participate in this exclusive investment opportunity, please submit your offerl to investments@promiselandrealtyllc.com. Act swiftly to secure this turnkey asset and start benefiting from immediate rental income.

This off-market listing is a rare find, combining the ease of a turnkey property with the financial advantages of a high rental yield. Don't miss out on the chance to enhance your investment portfolio with this exceptional Detroit home.


Property Comps


"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT

PROPERTIES, NATIONWIDE"




PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top

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