11437 Kenmoor, Detroit, MI 48205
Local realty services provided by:CENTURY 21 Realty North
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 $1,448/month until June 2027, this 3-bedroom, 2-bath single-family home offers investors immediate income and attractive rent-to-price performance. From an investor standpoint, the numbers are strong. At the current rent, the property produces $17,376/year in gross rental income, which equals approximately a 20.4% gross rent-to-price return. 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, and the scheduled rent increase improves that position even further. Final DSCR will depend on lender rate, taxes, insurance, and underwriting guidelines. The home also offers several ownership advantages investors look for. Brick construction, a good roof, a new furnace in 2024, and a new hot water heater in 2024 help reduce near-term capital concerns. The 1,603 sq ft layout includes 3 bedrooms, 2 full baths, a fireplace, and newer windows, giving tenants the comfort and functionality that support long-term occupancy. This is the kind of asset investors want in a buy-and-hold portfolio: already rented, solid monthly income, durable brick construction, and recent mechanical updates. Please do not disturb the tenants. Contact us for details and showing instructions....
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Home facts
- Year built:1938
- Subdivision & Development:Drennan & Seldons Lasalle College Park
- Listing ID #:60994790
- Added:113 day(s) ago
- Updated:September 11, 2026 at 10:58 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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