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Jim Blehm

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

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19930 Biltmore St , Detroit, MI 48235
$84,900
Est. Payment: $188.67/mo
3 Bed
2 Bath
1525 Sqft
0.12 Acres
Status: active | Days on site: 9
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Jim Blehm
Team Owner, Realtor®

House Description

Turnkey Cash-Flowing Investment Opportunity!Excellent opportunity to acquire an income-producing property with a reliable tenant already in place paying $1,000 per month. For investors looking to add immediate cash flow to their portfolio without starting from vacancy, this property offers a strong combination of existing income, tenant stability, and long-term upside.The home provides a functional layout and solid rental appeal, making it well suited for a buy-and-hold strategy. With an established paying tenant in place, the next owner can step into an operating rental from day one and avoid the initial leasing, turnover, and vacancy period that often comes with acquiring investment property.The location adds to the investment value. Convenient access to major Detroit roadways, shopping, restaurants, schools, parks, employment centers, and everyday amenities helps support continued rental demand and long-term tenant appeal. This makes the property an attractive option for investors focused on dependable cash flow and portfolio growth.Whether you're purchasing your first rental or expanding an existing portfolio, this property offers a straightforward opportunity to acquire a stabilized asset with income already being generated.Currently rented for $1,000 per month with a good-paying tenant in place. DO NOT DISTURB TENANT. Showings by confirmed appointment only.Novation: Buyer has equitable interest in the property and is marketing the property with the owner’s authorization in order to locate a new buyer. BTVAI: Buyer to verify all information on listing.

Highlights

Listed by Sonny Kaushik , 810-209-9995 Ikon Property Group , 810-209-9995. MichRIC

Property Type

Residential

Lot/Acreage
0.12

Year Built

1950

County

Wayne

School District

Detroit

Listing ID

20261084543

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Basement:Partial
Other:
  • ▪ Additional:Basement Partially Finished
Water:Public

Exterior Features

Sewer:Public
Principal Interest
$189
Taxes
$162

Home Price

$84,900

Loan Details

30 yrs
0%

Down Payment

20%
$16,980
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Monthly Price:
$188.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $188.67 $161.50 $0.00 $350.17
Yearly $2,264.00 $1,938.00 $0.00 $4,202.00
Total $67,920.00 $58,140.00 $0.00 $126,060.00
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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: 2026-11-01T14:17:27.000Z

© 2026 MichRIC