1069 Riverbank Lincoln Park, MI 48146

About this Property

This 3-bedroom, 1-bath Redford Township home features 1,000 square feet and a one-car garage, offering stable suburban rental appeal. With projected rent of $1,200 and a 9.01% cash-on-cash return, the property generates over $10,360 in annual net income. Redford’s consistent tenant demand and strong occupancy rates support long-term cash flow reliability. The property’s practical layout and garage add tenant desirability, while the manageable price point keeps entry costs accessible. Ideal for investors seeking dependable returns outside Detroit’s core, this professionally managed rental offers a balanced blend of affordability, performance, and suburban stability.

Purchase Price:$110,000

ROI (Cash on Cash):9.82%

Projected Rent:$1,250

Yearly Taxes:$2,100

Net Monthly Income:$900

Net Annual Income:$10,800.00

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)