19210 Conley Street

Detroit MI 48234

1595 sq. ft.

0.1 ac.

Single-Family

Currently for sale - view listing

Overview

Investor Opportunity â€“ Turnkey Rental with Strong Returns. Welcome to 19210 Conley, a fully updated brick bungalow offering immediate cash-flow potential and an ideal low-maintenance asset for buy-and-hold investors. This move-in-ready home features 3 spacious bedrooms, 1 renovated bathroom, a full basement for additional storage or value-add use, and a detached garage that enhances tenant appeal. Recent upgrades include brand-new flooring, fresh interior paint, a fully remodeled kitchen, and a modernized bathroom, making it ready for immediate occupancy or continued rental use. With a projected rent of $1,250/month ($15,000 annually) and a purchase price of $89,000, this property delivers strong fundamentals with an estimated ~12% ROI with 20% down payment, supported by stable rental demand and efficient operating costs. Additionally, the property qualifies for the $25,000 MSHDA grant, further improving affordability and enhancing overall investor returns, making this a solid turnkey opportunity for consistent cash flow and long-term appreciation.