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$50,080
Listing Price3beds
1.5baths
1,004sqft
5,227sqft lot
8220 Burt Rd, Detroit, MI 48228
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Welcome to 8220 Burt road in the Warrendale neighborhood of Detroit. This house is a dream for a new or seasoned investor as the property collecting an astounding 16.2% ROI, or 110% cash on cash for an investor using a DSCR loan. This house has been fully renovated over the last 2 years with new kitchen, windows, flooring, paint, etc, and due to this our tenants do not want to leave. Tenants are cash paying and do not miss a month. Seller also has other cash flowing rentals in the city he would be willing to package together for the right investor. No showings without an accepted offer to not disturb our tenant
Interior Details
1004
3
1.5
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5227
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Asbestos
N/A
Gable
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2018
$784
$0
$0
--%
$7,500
2019
$765
$0
$0
--%
$5,940
2018
$784
$0
$0
--%
$6,300
2017
$1,020
$0
$0
--%
$8,900
2016
$1,102
$0
$0
--%
$9,700
2014
$1,245
$0
$0
--%
$11,476
2013
$1,565
$0
$0
--%
$15,301
2012
$2,566
$0
$0
--%
$17,587
Average Home Price in 48228
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