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For sale 16 days ago

$90,000

3 bd 1 ba 852 sqft

15327 Marlowe, Detroit, MI 48227

Residential SFR

Current Rent **

N/A

Projected Rent **

$1,300

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Charming Turn Key Brick Bungalow

Charming Brick Bungalow for the 1st time homebuyer or great investment opportunity! This lovely 3-bedroom, 1-bath brick bungalow in Detroit offers plenty of opportunities for homeowners or investors. The home boasts a cozy front porch, newly updated features, and a large backyard perfect for entertaining. Inside, you'll find hardwood floors, a spacious living room, and a freshly updated kitchen. The basement is partially finished, providing extra space for storage or living. Situated near major freeways, this home also offers proximity to the new Amazon facility, making it ideal for rental potential or long-term living. Rent estimates in the area are around $1,300/month, making this a great investment opportunity! Don’t miss out—schedule your showing today!

Location:

15327 Marlowe, Detroit, MI 48227

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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.