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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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12087 Heyden St , Detroit, MI 48228
$120,000
Est. Payment: $617.94/mo
3 Bed
1 Bath
956 Sqft
Status: active | Days on site: 38
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

TURNKEY INVESTMENT OPPORTUNITY! THIS BEAUTIFULLY UPDATED 3 BEDROOM, 1 BATH SINGLE-FAMILY HOME IS THE PERFECT ADDITION TO ANY PORTFOLIO. THE PROPERTY FEATURES NEW ELECTRICAL, UPDATED PLUMBING, A NEWER ROOF, NEWER FURNACE AND HOT WATER TANK, THREE NEW WINDOWS, FRESH INTERIOR AND EXTERIOR PAINT, NEW FLOORING, AN UPDATED KITCHEN AND BATHROOM, AND A FINISHED EPOXY-COATED BASEMENT. THE NEWER APPLIANCES ARE INCLUDED, MAKING THIS A TRUE MOVE-IN OR RENT-READY PROPERTY. CURRENTLY TENANT OCCUPIED AND GENERATING $1,650 PER MONTH IN GUARANTEED RENT, PAID ENTIRELY BY THE HOUSING AGENCY, WITH A 24-MONTH LEASE IN PLACE THROUGH LATE APRIL 2028. THE TENANT PAYS ALL UTILITIES, MAKING THIS AN EXCELLENT LOW-MAINTENANCE, CASH-FLOWING INVESTMENT. WHETHER YOU'RE LOOKING TO EXPAND YOUR RENTAL PORTFOLIO OR ADD A STABLE, INCOME-PRODUCING ASSET TO YOUR HOLDINGS, THIS PROPERTY CHECKS ALL THE BOXES. NO SHOWINGS WITHOUT FULL LIST OFFER.

Highlights

Listed by Marta Kopania , 734-301-6553 Realtyflo Inc , 313-466-7253. MichRIC

Property Type

Residential

Lot/Acreage
0.13

Year Built

1947

County

Wayne

School District

Detroit

Listing ID

20261048369

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1

Exterior Features

Principal Interest
$618
Taxes
$184

Home Price

$120,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$24,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$617.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $617.94 $183.83 $0.00 $801.77
Yearly $7,415.27 $2,206.00 $0.00 $9,621.27
Total $222,458.16 $66,180.00 $0.00 $288,638.16
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC