DRENNAN & SELDONS LASALLE COLLEGE PARK Homes with Detroit School district

DRENNAN & SELDONS LASALLE COLLEGE PARK Homes with Detroit School district

Welcome to Drennan & Seldons LaSalle College Park, a hidden gem nestled in the vibrant heart of Detroit City, Michigan. This charming subdivision boasts a unique blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

Drennan & Seldons LaSalle College Park is characterized by its picturesque tree-lined streets and beautifully maintained homes, offering a variety of architectural styles that cater to diverse tastes. Whether you’re seeking a cozy bungalow or a spacious family home, this community has something for everyone. Residents enjoy the benefits of well-kept yards and friendly neighbors, fostering a warm and welcoming atmosphere.

One of the standout features of this subdivision is its affiliation with the Detroit School District. Families residing in LaSalle College Park have access to a range of educational opportunities, ensuring that children receive a quality education right in their own neighborhood. The local schools are committed to fostering a nurturing environment, promoting academic excellence, and encouraging community involvement.

Additionally, the location of Drennan & Seldons LaSalle College Park offers easy access to a wealth of amenities. Enjoy nearby parks, shopping centers, and dining options that reflect the rich culture and history of Detroit. With major highways just a short drive away, commuting to downtown Detroit and beyond is a breeze.

Discover the charm and convenience of Drennan & Seldons LaSalle College Park, where community spirit meets the vibrant lifestyle of Detroit City. Your dream home awaits in this delightful neighborhood!

Newest DRENNAN & SELDONS LASALLE COLLEGE PARK Homes with Detroit School district

$85,000
3 Beds 2 Baths 20261036809 MLS
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.

11437 Kenmoor St, Detroit

Courtesy of Keller Williams First 8105151503

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