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For sale 3 days ago

$80,000

3 bd 1 ba 850 sqft

17439 Lumpkin, Detroit, MI 48212

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Charming & Completely Updated Detroit Home

Step into this beautiful recently remodeled 3-bedroom, 1-bath Gem! Where modern upgrades meet cozy comfort! New Home buyers! This is the new home for you! The bright kitchen shines with new cabinets & countertop and sleek, durable LVP (Laminate vinyl plank) flooring in both the kitchen and bathroom, while the living room and bedrooms feature soft, fresh carpeting for a warm, inviting feel. The updated bathroom has been stylishly refreshed with a contemporary tile surround and vanity. Outside, The very large yard & side lot offers endless possibilities for gardening, entertaining, or simply enjoying the outdoors. First time Home-Buyers, this is the opportunity for you! Investors, come get it quick, this location is hitting with $1,200/mo+ rent rates and is an ideal hold investment.

Location:

17439 Lumpkin, Detroit, MI 48212

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.