18944 Woodland Street Harper Woods, MI 48225

About this Property

Situated in Harper Woods, this 3-bedroom, 1-bath home includes 910 square feet and a one-car garage within a strong suburban rental community. With projected rent of $1,328, the property generates over $10,589 annually despite higher property taxes. The 8.02% cash-on-cash return reflects stable performance in a desirable school district area. Harper Woods offers consistent tenant demand and long-term rental stability. This property provides suburban diversification with dependable occupancy trends, making it a solid option for investors seeking steady income in a well-established Metro Detroit market.

Purchase Price:$132,000

ROI (Cash on Cash):8.02%

Projected Rent:$1,328

Yearly Taxes:$3,312

Net Monthly Income:$882.48

Net Annual Income:$10,589.76

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)