11441 Balfour Road, Detroit, MI 48224
Local realty services provided by:ERA Prime Real Estate Group
11441 Balfour Road,Detroit, MI 48224
$95,000
- 3 Beds
- 1 Baths
- 1,100 sq. ft.
- Single family
- Pending
Listed by: hasan khan
Office: exp realty main
MLS#:20261046701
Source:MI_REALCOMP
Price summary
- Price:$95,000
- Price per sq. ft.:$86.36
About this home
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 ....
Contact an agent
Home facts
- Year built:1948
- Listing ID #:20261046701
- Added:28 day(s) ago
- Updated:July 16, 2026 at 07:56 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement Description:Unfinished
- Living area:1,100 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1948
- Building area:1,100 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Bungalow
- Construction Materials:Brick
- Foundation Description:Basement, Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$95,000
- Price per sq. ft.:$86.36
- Tax amount:$1,363
Parking
- Parking description:Detached, Driveway, Two Car Garage
- Garage spaces:2
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