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19225 Conley Street

Detroit MI 48234

3
1
1773 sq. ft.
0.11 ac.
Single-Family
Currently for sale - view listing

Overview

Solid income-producing Detroit brick home--an excellent turnkey investment with a DSCR well above 1.20. This well-maintained property offers a functional layout, durable construction, and recent major mechanical upgrades, making it a strong addition to any rental portfolio.The property is tenant-occupied, generating $1,050/month in cash rent, providing immediate income from day one. Recent updates include a brand-new furnace and brand-new hot water tank, significantly reducing near-term capital expenses.Located on a spacious lot in a stable neighborhood with close proximity to schools, shopping, and major roadways, this property benefits from consistent rental demand.Highlights:Tenant-occupied | $1,050/month cash rentDSCR above 1.20Brand-new furnaceBrand-new hot water tankSolid brick constructionTurnkey, low-maintenance investmentNo showings without an accepted offer.Ideal for investors seeking reliable cash flow

Features

3 bedrooms
1 bathroom
1773 sq. ft. floor area
0.11 ac. lot size
Single-Family

Property history for 19225 Conley Street

2023
Sold
$37,500
23 Aug 2023 by Alex Farhat, of Own It Realty
2021
Rented
Undisclosed
25 Mar 2021 by Keller Williams Legacy

Happy sellers in Detroit

100%
100% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 184 three-bedroom single-family properties similar to 19225 Conley Street, have been sold.

This represents a 18% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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