Buy & Hold (Section 8): 18708 Goulburn St, Detroit, MI 48203+ $97,000
- Promise Land Realty
- Feb 22
- 2 min read
Single Family Investment Opportunity
Price
$97,000
OFF-MARKET SECTION 8
CASH-FLOW DEAL DETROIT
18708 Goulburn St, Detroit, MI
4 Bed | 1 Bath
Single FamilyTenant Occupied – Section 8
Current Rent: $1,180 / Month
Asking: $97,000
Submit all offers to: investments@promiselandrealtyllc.com
Turnkey Section 8 rental with consistent government-backed income in place.
This is a clean opportunity for an investor looking for stable cash flow without the headache of placing a tenant. Property is currently rented at $1,180 per month through the Section 8 program, providing reliable payments and predictable performance.
Investor Highlights:
• 4-bedroom layout (strong rental demand)
• Performing Section 8 tenant
• Immediate income from day one
• Ideal for buy-and-hold investors
• Schedule walkthrough with notice
This is a solid addition for:
• Section 8 portfolio builders
• Out-of-state investors seeking stabilized rentals
• Long-term cash-flow buyers
Properties with active Section 8 income at this price point continue to move quickly.
Schedule a walkthrough today.
Serious inquiries only.
Submit all offers directly to: investments@promiselandrealtyllc.com
Property Map
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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Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
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Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
The #1 Source for Off Market Real Estate.
PROMISE LAND REALTY LLC
Work: 864-762-2509
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