9327 CLOVERLAWN Street Unit ********

$124,900

For Sale

9327 CLOVERLAWN Street, Detroit, MI 48204

Listing courtesy of Irongate Realty Group, Tenasia Hatch

Overview

Property ID: 20251019379

Single Family Home
Property Type

4
Bedrooms

3
Bathrooms

1
Garage

1044
Sq Ft

1945
Year Built

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For Sale

9327 CLOVERLAWN Street, Detroit, MI 48204

$124,900

Overview

Property ID: 20251019379

Single Family Home
Property Type

4
Bedrooms

3
Bathrooms

1
Garage

1044
Sq Ft

1945
Year Built

Description

Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash FlowSolid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment!Key investor highlights:4 bed / 2.5 bath layout ideal for long-term rental demandTenant pays utilities, minimizing owner expensesMonth-to-month lease = flexibility without vacancy riskRoom to improve cash flow with minor updates or rental increasesProximity to Joe Louis Greenway adds long-term valueThe home itself offers character and charm with functional updates:A