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Jim Blehm

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

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20176 Cheyenne St , Detroit, MI 48235
$80,000
Est. Payment: $411.96/mo
3 Bed
1 Bath
1014 Sqft
Status: active with contingency | Days on site: 28
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

Turnkey Investment Property with Tenant in Place – Prime Detroit Metro Location!This well-maintained rental home offers immediate cash flow and strong long-term value in a highly desirable area. Perfect for investors seeking a stable, income-producing property or owner-occupants looking for a move-in-ready home with built-in rental history.Key Features & Location Advantages: Rented & Cash-Flowing: Currently occupied by a reliable tenant, providing instant income. Tenant in place makes this a seamless investment opportunity with proven rental performance.Excellent Condition: Clean, updated, and move-in ready. Conveniently situated in the heart of the Detroit metro area (Downriver/Taylor/Lincoln Park area). Easy access to major freeways including I-75, I-94, and I-96, making commuting a breeze to downtown Detroit, the airport (DTW), and surrounding suburbs.Shopping & Amenities: Minutes from major shopping centers, grocery stores, restaurants, and retail options. Everything you need for daily living is right around the corner.Schools & Family-Friendly: Close to well-rated schools, parks, and community facilities – ideal for families or long-term tenants. This property combines strong rental income potential, solid condition, and unbeatable convenience. Whether you're expanding your investment portfolio or looking for an affordable home with excellent access, this is a fantastic opportunity in a high-demand rental market.Don’t miss out on this income-generating gem!

Highlights

Listed by Gaston Munoz , 313-918-6388 Munoz Realty Inc , 313-914-7545. MichRIC

Property Type

Residential

Lot/Acreage
0.14

Year Built

1948

County

Wayne

School District

Detroit

Listing ID

20261050182

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Interior Features

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

Exterior Features

Parking Features:Detached
Principal Interest
$412
Taxes
$138

Home Price

$80,000

Loan Details

30 yrs
6.676%

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:
$411.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $411.96 $137.50 $0.00 $549.46
Yearly $4,943.51 $1,650.00 $0.00 $6,593.51
Total $148,305.44 $49,500.00 $0.00 $197,805.44
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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: 2026-08-03T01:53:30.000Z

© 2026 MichRIC