138

Days on homefello

1954

Year Built

$90

Price Per Sqft

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Price vs Median

Could you see yourself in this home?

Full Home Description

This is an exceptional opportunity to acquire a cash-flowing investment property priced below market value, offering strong returns that easily surpass the 1% rule. The major capital expenditure items have already been addressed: a new roof, new furnace, and new hot water tank are in place, alongside a recently completed interior facelift that includes a full bathroom remodel. The property is currently professionally managed and has a tenant in place that is currently paying $1150/mo with an active lease in place. Here is your opportunity to pick up a property below market value and start generating strong cash flow immediately from day one!

Listed by Joseph Hammel · Keller Williams Somerset · (248) 649-7200

Inside the Home
  • 3 bedrooms

  • 1 full bathroom

  • 912 sq ft of living space

Comfort & Climate
  • Forced Air, Natural Gas

Property Overview
  • Lot size: 0.1600 acres

  • Built in 1954

  • 1 story

  • Ranch architecture

  • Single Family

  • Annual taxes: $3,455

Utilities
  • Water: Public

Construction
  • Aluminum Siding

  • Foundation: Slab

Community
  • Subdivision: Westwood Sub Of Van Alstine Farm

  • Wayne County

Estimate Your Mortgage Payment
Offer Purchase Price

$

List Price Offer
Down Payment

$

%

No PMI
Loan Type
Loan Term
Zip Code
Interest Rate

%

Default area avg

Property Tax (%)
Home Insurance ($/yr)
HOA ($/mo)

Monthly Mortgage
$580
/mo

Principal & Interest:

$398

Taxes:

$82

Insurance:

$100

HOA Fees:

$0

Loan Types You May Qualify For
FHA Loans
  • 3.5% down payment
  • Lower credit scores

VA Loans (Veterans)
  • $0 down payment
  • No PMI
  • Often lower rates

Conventional Loans
  • Good for great credit
  • May not require PMI
First-Time Buyer Programs
  • Low down payment
  • Reduced rates
Down Payment Assistance
  • Forgivable loans & grants
  • DPA programs

Rating

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Distance

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Reported Incidents (Last 5 Years)

From: 27017 Florence Street, Inkster 48141

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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.