Turnkey Rental Properties | Full-Service Property Management

16857 CHEYENNE Street, Detroit 48235

About this Property

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)

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