Buy & Hold (Single Family): (Section 8) 12106 Meyers, Detroit, MI 48227 + $105,000
- Promise Land Realty
- Feb 22
- 2 min read
Single Family Investment Opportunity
Price
$105,000
12106 Meyers – Detroit, MI
Asking: $105,000
STABILIZED SECTION 8 RENTAL
Performing 3 Bed / 1 Bath single-family home generating $1,193/month in Section 8 income.
Reliable cash-flow property ideal for out-of-state investors seeking turnkey Detroit rentals.
Highlights:
• 3 Bed / 1 Bath
• Section 8 Tenant in Place
• $1,193 Monthly Rent
• Immediate Income
Affordable acquisition price with dependable voucher rent.
Schedule Walkthrough Upon Request
Submit all offers directly to: investments@promiselandrealtyllc.com
Serious inquiries only. Proof of funds required prior to walkthrough or financial release.
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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100% Financing for Rehab Projects
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
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
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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