11441 Balfour Road, Detroit, Michigan 48224

$95,000

Property Details

MLS#: 20261046701
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,100
Price per Sqft: $86
Lot Size: 0.12 acres
Year Built: 1948
Property Type: Residential
Status: Active
Days on Market: 3

Description

Attention investors! Welcome to a rock-solid addition to your real estate portfolio. Priced at just $95,000, this tenant-occupied property provides immediate cash flow from day one, completely bypassing the hassle of rehab, marketing, and leasing. The home features a functional layout with three comfortable bedrooms and one full bathroom, complemented by a full basement that provides excellent storage or utility space. Outside, the property includes a detached garage and a manageable yard, all situated in a high-demand rental pocket with easy access to local amenities and transit. From an investment standpoint, the numbers speak for themselves. With a current rent of $1,250 per month, the property generates a gross annual income of $15,000, providing an exceptional yield at this price point. The home is occupied by a reliable, long-term tenant who treats the house like their own, giving you the peace of mind that comes with a proven payment history and zero immediate vacancy costs. This is the perfect hands-off asset for out-of-state investors or local buyers looking to scale their portfolios with minimal effort. Properties with established, long-term tenants at this price point do not last long in today's market. Out of respect for the tenant’s privacy, inspections and walkthroughs will only be arranged after a signed purchase agreement is in place. Please do not disturb the occupants. Serious inquiries only—contact us today to submit your contract for review. All measurements and square footage are estimated .

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 11441 Balfour Road?

11441 Balfour Road is listed at $95,000, or $86 per square foot.

How many bedrooms does 11441 Balfour Road have?

This property has 3 bedrooms and 1 bathrooms, with 1,100 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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