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Jim Blehm

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

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19746 Justine St , Detroit, MI 48234
$85,000
Est. Payment: $188.89/mo
3 Bed
2 Bath
1000 Sqft
Status: Pending | Days on site: 20
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House Description

New price, new opportunity! This home just became an even better value. TENANT OCCUPIED AT $1,350/MONTH IN SECTION 8 RENTAL INCOME LONG-TERM SECTION 8 TENANT IN PLACE PROVIDING STABLE, CONSISTENT GOVERNMENT-BACKED RENT PAYMENTS Turnkey investment opportunity with immediate cash flow. This well-maintained 3-bedroom, 1.5-bath home is currently occupied by a long-term Section 8 tenant, making it an ideal addition to any rental portfolio. The property has been updated with modern flooring, refreshed kitchen cabinetry, and a clean, functional layout that minimizes future capital expenditures. The current lease runs through September 30, 2026, allowing the next owner to step into an income-producing asset from day one. Whether you're a first-time investor or expanding your portfolio, this property offers dependable cash flow with professional property management potential.

Highlights

Listed by Deja Bowser , 313-515-5423 eXp Realty, LLC , 888-501-7085.

Property Type

Residential

Lot/Acreage
0.11

Year Built

1947

County

Wayne

School District

East Detroit

Listing ID

26040389

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Oven, Refrigerator
Basement:Michigan Basement
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$189
Taxes
$233

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 $233.33 $0.00 $422.22
Yearly $2,266.67 $2,800.00 $0.00 $5,066.67
Total $68,000.00 $84,000.00 $0.00 $152,000.00

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.