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Listed price in listed location currency (USD).
$85,000

320

MLS® 20261036809

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1603 sqft
Garage 
Taxes $2,488
Days Active 76
Lot Size 0.12 Acres
Approx. Age 1938
Avg. Price Per Sqft $53
MLS® Number 20261036809

Property Address: 11437 Kenmoor St, Detroit, MI, 48205-3221

Average square foot calculated using Size range provided by listing agent.

Description

Here's a cash-flowing tenant occupied brick rental with strong fundamentals already in place. Priced at $85, 000 and currently rented at $1, 448/month until June 2027, this 3-bedroom, 2-bath single-family home offers investors immediate income and attractive rent-to-price performance. From an investor standpoint, the numbers are strong. At the current rent, the property produces $17, 376/year in gross rental income, which equals approximately a 20.4% gross rent-to-price return. For DSCR-focused buyers, the rental income gives this property attractive coverage potential. Based on an estimated 75% LTV loan, the current rent produces a strong estimated DSCR before taxes and insurance, and the scheduled rent increase improves that position even further. Final DSCR will depend on lender rate, taxes, insurance, and underwriting guidelines. The home also offers several ownership advantages investors look for. Brick construction, a good roof, a new furnace in 2024, and a new hot water heater in 2024 help reduce near-term capital concerns. The 1, 603 sq ft layout includes 3 bedrooms, 2 full baths, a fireplace, and newer windows, giving tenants the comfort and functionality that support long-term occupancy. This is the kind of asset investors want in a buy-and-hold portfolio: already rented, solid monthly income, durable brick construction, and recent mechanical updates. Please do not disturb the tenants. Contact us for details and showing instructions.
MLS® Number20261036809
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1938
BasementFull, Unfinished
DrivewayNo Garage
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

115 days

Today, For Sale for $85,000

Bungalow-style house featuring brick siding, a front lawn, and driveway
For Sale · 75 days

$85,000

MLS® 20261036809

2 months ago

Not Sold Yet

May 2026, For Sale for $85,000

Bungalow-style house featuring brick siding, a front lawn, and driveway
For Sale · 75 days

$85,000

MLS® 20261036809

2 months ago

Not Sold Yet

April 2026, For Sale for $89,900

View of front of home with brick siding
For Sale · 115 days

$89,900

MLS® 20261024059

4 months ago

Not Sold Yet

Home Estimate Zoopraisal®

This property is estimated to sell between: $58,000 and $99,000.
Similar properties in this area sold on average for: $58,446
Expected to sell very soon! Similar properties sold in 52 days. This home has been on Zoocasa for 76 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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