Detroit Turnkey Real Estate Investing

16857 CHEYENNE Street, Detroit 48235

Turnkey 5-Bedroom Detroit Rental with 13.26% Cash-on-Cash Return

This spacious 5-bedroom home offers 1,268 square feet plus a 1.5-car garage, making it highly desirable for larger households. With projected rent of $1,400 and a 13.26% cash-on-cash return, this property stands out as a high-yield opportunity. The generous bedroom count increases rental flexibility and long-term occupancy potential. Producing over $14,400 in projected annual net income, this investment combines size, performance, and location in one compelling package. Ideal for investors seeking above-average returns in Detroit’s rental market, this turnkey property is structured for reliable cash flow and professionally managed stability.

Purchase Price:$160,000

ROI (Cash on Cash):13.26%

Projected Rent:$1,400

Yearly Taxes:$1,200

Net Monthly Income:$1,200.5

Net Annual Income:$14,406

Contact Al Bazzy

Al Bazzy

Chief Operating Officer

Buying Process

The home will have one or more of these items – comprehensive inspection, title search, rent history if leased, and more – all of which are available in the Diligence Documents.
An inspection contingent sale is available on non-certified homes and if the posted inspection is more than 4 months old.
A Strategy Property employee will be the sole representative who will walk you through the process.

(Important Note: Please note that figures and percentages quoted within this document are approximate. Property taxes quoted are based on publicly available information at the time of our publication. Final figures will be verified and supplied by the title company. Although Strategy Properties takes all appropriate steps to ensure accuracy of the figures supplied, we cannot accept responsibility for any discrepancies therein)

Investment Highlights

This property offers impressive investment highlights that make it a prime opportunity for real estate investors. With a projected rent of $1,400 per month and a cash-on-cash return of 13.26%, it stands out in the competitive Detroit market.

Moreover, the property is expected to generate over $14,400 in annual net income, showcasing its potential for strong financial performance. Its appealing purchase price of $160,000 further enhances its attractiveness for those looking to enter the Detroit real estate market.

Neighborhood Overview

The surrounding neighborhood of 16857 Cheyenne Street is characterized by a blend of residential charm and urban convenience, making it an appealing location for renters. Proximity to schools, parks, and essential services adds to the desirability of this area.

Investors will benefit from the ongoing revitalization efforts in Detroit, which are enhancing property values and attracting new residents. This neighborhood's mix of community amenities and accessibility to major highways positions it as a strategic investment choice.

Property Management Services

Our full-service property management ensures that your investment is well-maintained and profitable. We handle everything from tenant screening and leasing to maintenance and rent collection, allowing you to enjoy the benefits of ownership without the hassle.

With a dedicated team that understands the Detroit market, we provide tailored management solutions that maximize your investment's performance. Our approach ensures that your property remains competitive and appealing to potential tenants.

Frequently Asked Questions

Potential investors often have questions regarding the purchasing process, property management, and local market conditions. Our FAQ section addresses common inquiries to help you make informed decisions about your investment.

From understanding financing options to learning about the rental market in Detroit, our FAQs provide valuable insights. We aim to equip investors with the knowledge they need to navigate the real estate landscape confidently.

16857 CHEYENNE Street, Detroit 48235

Turnkey 5-Bedroom Detroit Rental with 13.26% Cash-on-Cash Return