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8863 Coyle Street

Detroit MI 48228

3
1
1
1724 sq. ft.
0.09 ac.
Single-Family
Currently for sale - view listing

Overview

CALLING ALL INVESTORS--TENANT OCCUPIED! Excellent income-producing opportunity offered at $90,000 with a long-term tenant currently paying $1,100 per month ( Full Voucher Section 8 ). The existing lease runs through December 31, 2026, providing immediate rental income and stability for the next owner. At the current rent, the property generates $13,200 in gross annual income providing a strong CAP / ROI Rate. Property is located in a quiet, well-maintained neighborhood. Showings will be limited and coordinated based on tenant availability.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1724 sq. ft. floor area
0.09 ac. lot size
Single-Family

Property history for 8863 Coyle Street

2022
Sold
$217,600
29 Mar 2022

Happy sellers in Detroit

95%
95% 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 7 reviews in Detroit over the last 12 months.

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

In the last 12 months, 345 three-bedroom single-family properties similar to 8863 Coyle Street, have been sold.

This represents a 13% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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