SFR Acqusition #15 – 18951 L. Street; Exceptional Growth Potential, Exceptional Rents
Post-Purchase Update: This property was approved for $1,500/mo., starting January 1, 2025.
- Type: Single-Family Residence
- Size: 2,596 sq ft
- Year Built: 1952
- Bedrooms: 4
- Bathrooms: 1.5
- Neighborhood: College Park
- Lot Size: 50 x 128 ft
SFR Acqusition #14 – 3607 S. B. Street Zero-CapEx Gem with Extra-High Cash Flow!
Property Overview
Address: 3607 S B Street, Detroit, MI 48217
Neighborhood: Detroit – Boynton
Property Type: Single-Family Residence
Year Built: 1945
Size: 872 sq. ft. with a 280 sq. ft. garage and an 864 sq. ft. basement
Lot Size: 0.095 acres (39 ft x 106 ft)
Purchase Price: $65,000
SFR Acqusition #13 – 19944 S. Street Rented At $1,200 A Month
Acquisition Summary
Property Detail: Single-family home, 1,152 sq ft, 1BA
Acquisition Date: October 4, 2024
Purchase Price: $45,000
Repair Estimate: $10,000 (roof and exterior work)
Total Investment: $55,000
Projected ARV: $80,000
Current Rent: $1,200/month (good tenant)
Estimated Future Taxes: $2,316/year (adjusted based on SEV for non-homestead property)