Attention Investors! This is a rare opportunity to acquire a property that comes with a stable, long-term tenant already in place, offering immediate rental income from day one. This single-family home features 2 bedrooms and 1 bathrooms. This is a fantastic opportunity to maximize your investment with minimal out-of-pocket expenses. BATVAI Contact Keith for all questions
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1941
Stories: 1
Living Area: 714 SqFt
Listing Office:
Office Name: eXp Realty, LLC
Office Phone: (248) 886-4450
Listing Agent: Lashawn Peterson, Keith Jones
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: Take 7 mile to Hoover to Rowe
Price Information
Listing Price Info
Price Summary:
List Price: $65,000
Price Per SqFt: $91/SqFt
Tax Information:
Annual Amount: $1,442
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.
$392
Per Month
Principal & Interest
$325
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
$261
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
4
/10
McKinley Elementary School
13173 Toepfer Rd
Distance between this listing and this school1.51 miles
Public District Grades KG-5
5
/10
Lincoln Elementary School
22100 Federal Ave
Distance between this listing and this school1.67 miles
Public District Grades KG-5
1
/10
Fisher Magnet Lower Academy
15510 E State Fair St
Distance between this listing and this school2.14 miles
Public Magnet Grades PK-5
Nearby Schools
1
/10
Brenda Scott Academy
18440 Hoover St
Distance between this listing and this school0.54 miles
Public District Grades PK-8
2
/10
Trix Academy
20045 Joann St
Distance between this listing and this school0.79 miles
Public Charter Grades PK-8
1
/10
Pulaski Elementary-Middle School
13840 Lappin St
Distance between this listing and this school1.06 miles
Public District Grades KG-8
Nearby Schools
1
/10
Osborn High School
11600 E 7 Mile Rd
Distance between this listing and this school0.24 miles
Public District Grades 9-12
2
/10
Cornerstone Jeffersondouglass Academy
6861 E Nevada St
Distance between this listing and this school1.54 miles
Public Charter Grades KG-12
2
/10
Lincoln High School
22900 Federal Ave
Distance between this listing and this school1.95 miles
The neighbors living near this home have an average income of $19,118. The most common annual income of people living in Detroit, MI is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 19360 Rowe St
What is the listing price of this property?
The listing price of 19360 Rowe St property is $65,000.
What type of property is this?
The property 19360 Rowe St is a house located in Detroit, Michigan, 48205.
Is this property for sale now?
Active Listing: 19360 Rowe 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 $1,442 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 19360 Rowe St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 19360 Rowe St is 714 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 19360 Rowe St is 1941.
This home is located at 19360 Rowe St in Detroit, MI and zip code 48205 in the Pulaski neighborhood. This 714 square foot home, which was built in 1941, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $65,000.
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. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. Listings spent 45 days on the market in October 2024, and had a median list price of $85,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.