Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,248/month. Seller has other similar properties for sale. Seller and agent are related.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1947
Stories: 2
Living Area: 1,510 SqFt
Listing Office:
Office Name: 3DX Real Estate, LLC.
Office Phone: (888) 304-1447
Listing Agent: Roxana Yeh
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Detached
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: S of Moross Rd, W of 94
Price Information
Listing Price Info
Price Summary:
List Price: $113,500
Price Per SqFt: $75/SqFt
Tax Information:
Annual Amount: $1,335
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$634
Per Month
Principal & Interest
$567
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$407
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Carleton Elementary School
11724 Casino St
Distance between this listing and this school0.50 miles
Public District Grades PK-5
1
/10
Marvin L Winans Academy Elementary School
9740 McKinney St
Distance between this listing and this school0.62 miles
Public Charter Grades KG-5
1
/10
Wayne Elementary School
10633 Courville St
Distance between this listing and this school0.88 miles
Public District Grades PK-5
Nearby Schools
3
/10
Marvin L Winans Academy Middle School
9740 McKinney St
Distance between this listing and this school0.62 miles
Public Charter Grades 6-8
1
/10
Marquette Elementary-Middle School
6145 Canyon St
Distance between this listing and this school0.93 miles
Public District Grades PK-8
1
/10
Ronald Brown Academy
11530 E Outer Dr
Distance between this listing and this school1.19 miles
Public District Grades PK-8
Nearby Schools
2
/10
Denby High School
12800 Kelly Rd
Distance between this listing and this school0.96 miles
Public District Grades 9-12
1
/10
East English Village Preparatory Academy at Finney
5020 Cadieux Rd
Distance between this listing and this school1.09 miles
Public District Grades 9-12
1
/10
Diploma Success Community School
19872 Kelly Rd
Distance between this listing and this school1.47 miles
The neighbors living near this home have an average income of $24,798. Most Detroit, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 10663 Meuse St
What is the listing price of this property?
The listing price of 10663 Meuse St property is $113,500.
What type of property is this?
The property 10663 Meuse St is a house located in Detroit, Michigan, 48224.
Is this property for sale now?
Active Listing: 10663 Meuse St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,335 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 10663 Meuse St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 10663 Meuse St is 1,510 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 10663 Meuse St is 1947.
This home is located at 10663 Meuse St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 1,510 square foot home, which was built in 1947, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $113,500.
Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.