18946 Beland Street, Detroit, MI 48234

• 2 beds |
• 1 bath |
• 1,306 sqft

Property Description

You found me, and you already know I'm about to strengthen your portfolio. I'm 18946 Beland Street, a solid brick 2 bedroom home with the kind of updates true investors like you love because they translate directly into fewer headaches and stronger returns. I come with newer luxury vinyl flooring, newer interior paint, an updated kitchen with newer cabinets, an updated bathroom, central air, a newer roof, a one car garage, a fully fenced backyard, a large covered porch, and a partially finished basement that gives you bonus usable space without extra capital expenditure. My layout is efficient, my systems are upgraded, and my curb appeal is your value add. Here's what you're about to make with me. Rental comps in my area support about $1,250 per month, giving you roughly $15,000 in annual gross income. On a $50K acquisition, that puts you at a 30 percent gross yield. Even after standard operating expenses, you are realistically looking at a net cash on cash return in the 20 to 25 percent range, depending on how you structure your purchase. I can easily qualify for Housing Choice Voucher programs like Section 8, giving you the option of consistent, reliable payments if you choose that lane. My location adds even more weight to the numbers. I sit in Detroit's Osborn area with quick access to major employment anchors like DTE Energy - Lynch Road Service Center, Coleman A. Young International Airport, Henry Ford Hospital, Detroit Medical Center, and Ascension St John Hospital. I'm also within reach of Brenda Scott Academy, Wayne State University, University of Detroit Mercy, and other institutions that help keep the tenant pool strong and steady. Retail, groceries, restaurants, parks, and transit are all close enough to boost desirability without adding cost. You've already run the math in your head. You know I check the boxes. Reach out to the listing agent and make it official, because you and I are about to perform exactly the way an investor hopes a property will

Listing Status:

Active

Date Added:

October 23, 2025 at 05:00AM

Listing Office:

Pretty Home Realty : 248-905-1402

Listing Agent:

Shawn Calhoun : 248-905-1402

MLS ID:

60946677

Interior

• Appliances: Gas Water Heater
• Laundry: ConcreteIn Basement
• Basement: Partially Finished
• A/C: Central Air
• Heating: Natural GasForced Air
• Fireplace: Living RoomNatural FireplaceFireplace

Exterior

• Style: Ranch
• Parking: Parking spaces: 1

Construction

• General: BrickOneBasement

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• School District: Detroit City School District
• County: Wayne

Lot

• Zoning: E BELAND 7 FLOWER PARK SUB L47 P87 PLATSW C R 17/512 36 X 110.78A

Utilities

• Water: Public

Financial

• Source: MiRealSource

This listing courtesy of Shawn Calhoun, Pretty Home Realty