$99,900

16171 Santa Rosa Drive, Detroit, MI 48221

  • 3 beds |
  • 2 baths |
  • 1,456 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $69/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Opportunity knocks in one of Detroit's most actively revitalized corridors. This 3-bedroom, 1.5-bath home in the Fitzgerald neighborhood offers a great opportunity for a first time home buyer and a proven rental history for a savvy investor. This property has rented for $1,300+ /month since 2022 and with light touches can command even more today. Delivering 10% + cash on cash returns at a sub $100K acquisition price. The home was updated in recent years, giving the next owner a head start with key improvements already in place. A few minor finishing touches are all that stand between this property maximizing its full potential. What truly sets this listing apart is its location. The Fitzgerald neighborhood has been the focus of a major city led revitalization effort backed by the City of Detroit, the Kresge Foundation, Knight Foundation, and other major partners all investing in improving infrastructure, green space, and housing stock in this very area. The newly created Ella Fitzgerald Park and community murals are already transforming the neighborhood's look and feel, and Fitzgerald is recognized as one of Detroit's most affordable neighborhoods with a strong mix of long-time residents and newcomers. This is exactly the kind of stable, in-demand rental base investors want. The math works. The neighborhood is moving. Don't miss your window.

Listing Status:
Active
Data Last Updated:
May 30, 2026 at 1:41PM
Listing Office:
@properties Christie's Int'l R.E. Birmingham : 2488508632
Listing Agent:
Edgar Butler : 2488052554
MLS ID:
20261036777
  • Appliances: Free standing gas rangeFree standing refrigeratorStainless steel appliances
  • Basement: Unfinished
  • A/C: Ceiling fans
  • Heating: Forced airNatural gas
  • Style: Colonial
  • Pool: None
  • Parking: Two car garageDetachedDriveway
  • Roofing: Asphalt
  • General: BrickVinyl sidingTwoBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: W SANTA ROSA DR 196 ADDISON HEIGHTS SUB L34 P53 PLATSW C R 16/304 35 X 111W16I020647S
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Edgar Butler , @properties Christie's Int'l R.E. Birmingham

Monthly Payment

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

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Location

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