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Jim Blehm

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

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16185 Manor St , Detroit, MI 48221
$73,875
Est. Payment: $164.17/mo
3 Bed
1 Bath
1223 Sqft
Status: Active | Days on site: 24
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386963 - 414713
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House Description

Investors, this is the one you have been waiting for. 16185 Manor is a fully occupied, income-producing rental with a reliable long-term tenant already in place. No turnover risk, no vacancy gap, no rehab to chase. You close and you collect. The home is in great condition throughout, meaning less deferred maintenance and more predictable returns from day one. This is a true set-and-forget asset for a buyer who wants cash flow without the headaches. Location is where this property really shines. It sits in one of the west side's up-and-coming neighborhoods, an area seeing real momentum in investment and revitalization. Getting in now means positioning yourself ahead of the curve on appreciation while the rent checks keep clearing every month. Whether you are scaling a portfolio or picking up your first turnkey rental, 16185 Manor checks the boxes that matter. Occupied, cash flowing, well maintained, and in the path of growth. Serious inquiries only. Proof of funds required for showings.

Highlights

Listed by Justin Fontenelle , 248-403-0554 Realtyflo Inc , 313-466-7253.

Property Type

Residential

Lot/Acreage
0.09

Year Built

1950

County

Wayne

School District

Detroit

Listing ID

20261067461

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Interior Features

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

Exterior Features

Parking Features:Detached
Principal Interest
$164
Taxes
$179

Home Price

$73,875

Loan Details

30 yrs
%

Down Payment

20%
$14,775
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Monthly Price:
$164.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $164.17 $178.58 $0.00 $342.75
Yearly $1,970.00 $2,143.00 $0.00 $4,113.00
Total $59,100.00 $64,290.00 $0.00 $123,390.00

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.