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11437 Kenmoor, Detroit, MI 48205

Detroit
Local realty services provided by:CENTURY 21 Signature Realty
11437 Kenmoor,Detroit, MI 48205
$85,000
  • 3 Beds
  • 2 Baths
  • 1,603 sq. ft.
  • Single family
  • Active
Listed by: anuj chand
Office: keller williams first
MLS#:60994790
Source:MI_REALSOURCE

Price summary

  • Price:$85,000
  • Price per sq. ft.:$53.03

About this home

Here's a cash-flowing tenant occupied brick rental with strong fundamentals already in place. Priced at $85,000 and currently rented at $1,375/month, with a scheduled increase to $1,448/month, this 3-bedroom, 2-bath single-family home offers investors immediate income and attractive rent-to-price performance. The tenant is currently month-to-month and is willing to sign an annual lease if the next owner prefers longer-term stability. From an investor standpoint, the numbers are strong. At the current rent, the property produces $16,500/year in gross rental income, which equals approximately a 19.4% gross rent-to-price return. At the scheduled rent increase of $1,448/month, annual gross rent rises to $17,376/year, increasing the gross rent-to-price return to approximately 20.4%. For DSCR-focused buyers, the rental income gives this property attractive coverage potential. Based on an estimated 75% LTV loan, the current rent produces a strong estimated DSCR before taxes and insurance,...

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Home facts

  • Year built:1938
  • Listing ID #:60994790
  • Added:1 day(s) ago
  • Updated:May 21, 2026 at 10:13 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Dining Description:On Entry Level
  • Kitchen Description:On Entry Level
  • Bedroom Description:Bedroom 1 on Second Level, Bedroom 2 on Entry Level, Bedroom 3 on Entry Level
  • Basement Description:Unfinished
  • Living area:1,603 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1938
  • Building area:1,603 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$85,000
  • Price per sq. ft.:$53.03
  • Tax amount:$2,488

Features and amenities

  • Amenities:DSL Available

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