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Jim Blehm

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

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15865 Collingham Dr , Detroit, MI 48205
$85,000
Est. Payment: $188.89/mo
3 Bed
3 Bath
1549 Sqft
Status: Active | Days on site: 64
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392273 - 326742
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Investor Special – High Cash Flow Opportunity! Well-maintained brick colonial located in a tree-lined street in Detroit. This spacious home features 3 bedrooms, 3 bathrooms, and is occupied by a long-term agency tenant, providing immediate, dependable income. The current tenant pays $1,250 per month ($15,000 annually), with the agency covering 100% of the rent. Recent updates include a newer roof, plumbing, electrical, furnace, and hot water tank, along with hardwood floors, updated bathrooms, and a detached garage, minimizing future maintenance costs. Take advantage of this strong-performing income property with reliable cash flow from day one. Please do not disturb the tenant. Showings will be provided only with an accepted offer. Property is being sold AS IS.
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Highlights

Listed by Luis A Rodriguez , 313-282-8938 RE/MAX Leading Edge , 313-277-7777.

Property Type

Residential
Lot/Acreage
0.1

Year Built

1947

County

Wayne

 School District

Detroit

Listing ID

20261049808

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Other:
  • ▪ Additional:Home Warranty
Water:Public

Exterior Features

Sewer:Public
Parking Features:Detached
Principal Interest
$189
Taxes
$149

Home Price

$85,000

Loan Details

30 yrs
%

Down Payment

20%
$17,000
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:
$188.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $188.89 $148.92 $0.00 $337.81
Yearly $2,266.67 $1,787.00 $0.00 $4,053.67
Total $68,000.00 $53,610.00 $0.00 $121,610.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.