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💰 Cash-Flowing Detroit Rental – $34,750 | $1,000/mo Tenant

2 Beds / 1 Baths • 758 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 2
Bathrooms 1
Year Built 1948
Approx.SqFt. 758
Lot size SqFt. 758
Garage Detached Garage

Description

Now available via assignment of contract, 15741 Lamphere St, Detroit, MI 48223 is a single-family home offered at just $34,750 with a month-to-month tenant paying $1,000/month. This is a strong low-entry, high-yield opportunity for investors seeking immediate cash flow.

Property Overview:

🏡 Type: Single-Family Home
💰 Asking Price: $34,750
📈 Current Rent: $1,000/month
👥 Occupancy: Tenant Occupied (Month-to-Month)
🧱 Condition: As-Is
📸 Photos: Click to View Property Gallery
📜 Contract Type: Assignment of Contract

With immediate income in place and a very low acquisition cost, this property is ideal for cash-flow investors or those looking to scale quickly in the Detroit market. Month-to-month tenancy also provides flexibility for repositioning or rent adjustments.

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Estimated Spread

ARV $80,000
Price $34,750
Spread $45,250

DOCS

File Name	Size
Property Profile - 15741 Lamphere St.pdf	38kb	Download
Rentometer - 15741 Lamphere St.pdf	38kb	Download
Valuation Report - 15741 Lamphere St.pdf	38kb	Download