Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash Flow
Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment!
Key investor highlights:
4 bed / 2.5 bath layout ideal for long-term rental demand
Tenant pays utilities, minimizing owner expenses
Month-to-month lease = flexibility without vacancy risk
Room to improve cash flow with minor updates or rental increases
Proximity to Joe Louis Greenway adds long-term value
The home itself offers character and charm with functional updates:
A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package.
**Homes with this square footage, location, and income potential rarely come at this price.
Do not disturb tenant. Showings after accepted offer. BTVAI.
Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment!
Key investor highlights:
4 bed / 2.5 bath layout ideal for long-term rental demand
Tenant pays utilities, minimizing owner expenses
Month-to-month lease = flexibility without vacancy risk
Room to improve cash flow with minor updates or rental increases
Proximity to Joe Louis Greenway adds long-term value
The home itself offers character and charm with functional updates:
A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package.
**Homes with this square footage, location, and income potential rarely come at this price.
Do not disturb tenant. Showings after accepted offer. BTVAI.
Property Details
Price:
$124,900
MLS #:
20251019379
Status:
Active
Beds:
4
Baths:
3
Address:
9327 CLOVERLAWN Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
M-P-C MAYFLOWER PLATS
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Jul 21, 2025
State:
MI
Finished Sq Ft:
1,844
ZIP:
48204
Year Built:
1945
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
One Car Garage, Detached, Driveway
Financial
Taxes
$1,581
Map
Community
- Address9327 CLOVERLAWN Street Detroit MI
- SubdivisionM-P-C MAYFLOWER (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48204
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9327 CLOVERLAWN Street
Detroit, MI
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