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Jim Blehm

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

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16317 Carlisle St , Detroit, MI 48205
$80,000
Est. Payment: $177.78/mo
3 Bed
1 Bath
1042 Sqft
0.13 Acres
Status: active | Days on site: 33
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Jim Blehm
Team Owner, Realtor®

House Description

Charming 3-bedroom, 1-bath brick home with options for both owner-occupants and investors! The spacious upstairs primary bedroom offers a private retreat, while the main level features hardwood floors, new carpeting, and a comfortable living area, and a full bath with charming original retro tile. Currently tenant-occupied at $1,300 per month with a cash-paying tenant on a month-to-month lease and a good payment history, giving an investor the opportunity for immediate rental income while preserving flexibility for a future owner-occupant. Conveniently located near Chandler Park Academy, grocery shopping, bus stops, and everyday amenities. Whether you're looking for a place to call home or an income-producing property to add to your portfolio, this classic brick home offers plenty of possibilities. Estimated uncapped taxes $3,135. Est. Insurance $900. 10% property management fees with $1,300/month rent is $1,560/year. Expenses $5,595. Annual cash flow $10,005. ROI 12.5%. This neighborhood has continuously appreciated since the crash. Great investment!

Highlights

Listed by Monique Burns , 248-390-3982 Great Day Realty, LLC , 248-390-3982. MichRIC

Property Type

Residential

Lot/Acreage
0.13

Year Built

1949

County

Wayne

School District

Detroit

Listing ID

20261078975

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Water:Public

Exterior Features

Roof:Asphalt
Others:
  • ▪ Additional:Fenced Back
Sewer:Public
Principal Interest
$178
Taxes
$178

Home Price

$80,000

Loan Details

30 yrs
0%

Down Payment

20%
$16,000
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:
$177.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $177.78 $177.83 $0.00 $355.61
Yearly $2,133.33 $2,134.00 $0.00 $4,267.33
Total $64,000.00 $64,020.00 $0.00 $128,020.00
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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: 2026-11-02T18:23:34.000Z

© 2026 MichRIC