$95,000

11441 Balfour Road, Detroit, MI 48224

  • 3 beds |
  • 1 bath |
  • 1,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $86/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Attention investors! Welcome to a rock-solid addition to your real estate portfolio. Priced at just $95,000, this tenant-occupied property provides immediate cash flow from day one, completely bypassing the hassle of rehab, marketing, and leasing. The home features a functional layout with three comfortable bedrooms and one full bathroom, complemented by a full basement that provides excellent storage or utility space. Outside, the property includes a detached garage and a manageable yard, all situated in a high-demand rental pocket with easy access to local amenities and transit. From an investment standpoint, the numbers speak for themselves. With a current rent of $1,250 per month, the property generates a gross annual income of $15,000, providing an exceptional yield at this price point. The home is occupied by a reliable, long-term tenant who treats the house like their own, giving you the peace of mind that comes with a proven payment history and zero immediate vacancy costs. This is the perfect hands-off asset for out-of-state investors or local buyers looking to scale their portfolios with minimal effort. Properties with established, long-term tenants at this price point do not last long in today's market. Out of respect for the tenant's privacy, inspections and walkthroughs will only be arranged after a signed purchase agreement is in place. Please do not disturb the occupants. Serious inquiries only - contact us today to submit your contract for review. All measurements and square footage are estimated .

Listing Status:
Pending
Date Added:
June 20, 2026
Data Last Updated:
July 22, 2026 at 8:45PM
Listing Office:
EXP Realty Main : 888-501-7085
Listing Agent:
Hasan Khan : 313-695-5878
MLS ID:
61004320
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: Bungalow
  • Parking: Parking spaces: 2
  • General: BrickOne and One HalfBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: W BALFOUR 272 AND E 9 FT OF VAC ALLEY ADJ S C HADLEYS SUB L68 P63 PLATSW C R 21/1010 41.5 X 126.16
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Hasan Khan , EXP Realty Main

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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