$222,000

Estimated payment $1,587/month

Total Views 12,249
3 Beds
1 Bath
850 Sq Ft
$261 Price per Sq Ft

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit

About This Home

INVESTOR-READY | TURNKEY INCOME PROPERTY – MLS ONLY LISTING (Contact Property Manager Directly)

Perfect for both seasoned and first-time investors, this fully renovated all-brick ranch features 3 bedrooms, 1 bathroom, and is currently tenant-occupied under a month-to-month lease. The reliable tenant has resided in the property for over 3 years, paying $1,850/month through a State of Michigan Section 8 program, and is eager to remain—making this a seamless, cash-flowing, turnkey opportunity from day one.

The home has been thoughtfully updated throughout, featuring new flooring, fresh paint, updated fixtures, and a refinished jetted Jacuzzi tub. The kitchen and bathroom boast new faucets, and some new windows in the living room enhance both natural light and energy efficiency. Major mechanical systems have also been upgraded, including a newer furnace, central air, electrical system, and stylish black appliances (stove, microwave, and refrigerator). Enjoy a large, fully fenced backyard and a well-maintained lawn—perfect for tenant outdoor use—with a private driveway offering off-street parking.

Located near major freeways, shopping, and public transit, this property offers convenience and long-term rental appeal. Property is being sold as-is and does not have a basement. Investors should allow 24–48 hours for showings. Cap rate supports pricing based on stable, government-backed rental income. Investor financing available through Chandra Lake, Licensed Mortgage Loan Officer (NMLS# 1878842), NEXA Mortgage. BATVAI.

Listing Agent

Chandra Lake

EXP Realty Main License #6501432544 Listed on: 07/25/2025

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1966 | Remodeled in 2021

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 120 x 140 x 120 x 140
  • Back Yard Fenced

Home Design

  • 850 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Free-Standing Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • South Devonshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number K1111379008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,963

Year Built

Built in 1966 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1966
  • State Equalized Value: 59900.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 850
  • Total Sq Ft: 850

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Construction Features: Permit Ready
  • Exterior Features: Fenced
  • Frontage Feet: 120
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ypsilanti

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 120 X 140 X 120 X 140
  • Parcel Number: K1111379008

Tax Info

  • Tax Amount Summer: 2719.9500
  • Tax Amount Winter: 2243.4300
  • Total Tax: 4963.3800
  • Taxable Value: 54436.0000

MLS Schools

  • School District: Ypsilanti

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $59,900 $0 $0
2024 -- $52,800 $0 $0
2023 $1,200 $46,900 $0 $0
2022 $1,521 $39,900 $0 $0
2021 $1,598 $36,700 $0 $0
2020 $1,579 $26,500 $0 $0
2019 $522 $23,600 $23,600 $0
2018 $0 $22,700 $0 $0
2017 $1,478 $21,100 $0 $0
2016 $832 $15,747 $0 $0
2015 $1,177 $15,700 $0 $0
2014 $1,177 $19,200 $0 $0
2013 -- $19,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $222,000 -- $261 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Warranty Deed $101,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $120,000 None Available
Deed $35,100 Attorneys Title Agency Llc
Sheriffs Deed $53,550 None Available
Warranty Deed $85,000 First Michigan Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $23,115 FHA
Previous Owner $99,170 FHA
Previous Owner $96,000 Purchase Money Mortgage
Previous Owner $84,000 Unknown
Previous Owner $85,000 Purchase Money Mortgage
Source: Public Records

Source: Realcomp

MLS Number: 20251019841

Realcomp

APN: 11-11-379-008