18946 Beland Street
Detroit, MI, 48234 $ 50,000
Bedrooms2 Baths1.0 Sq 906 Monthly Estimate*
$ 312
for $50,000 with 2 bedrooms and 1 full bath. This 906 square foot home was built in 1945 on a lot size of 0.09.
You found me, and you already know I'm about to strengthen your portfolio. I'm 18946 Beland Street, a solid brick 2 bedroom home with the kind of updates true investors like you love because they translate directly into fewer headaches and stronger returns. I come with newer luxury vinyl flooring, newer interior paint, an updated kitchen with newer cabinets, an updated bathroom, central air, a newer roof, a one car garage, a fully fenced backyard, a large covered porch, and a partially finished basement that gives you bonus usable space without extra capital expenditure. My layout is efficient, my systems are upgraded, and my curb appeal is your value add. Here's what you're about to make with me. Rental comps in my area support about $1,250 per month, giving you roughly $15,000 in annual gross income. On a $50K acquisition, that puts you at a 30 percent gross yield. Even after standard operating expenses, you are realistically looking at a net cash on cash return in the 20 to 25 percent range, depending on how you structure your purchase. I can easily qualify for Housing Choice Voucher programs like Section 8, giving you the option of consistent, reliable payments if you choose that lane. My location adds even more weight to the numbers. I sit in Detroit's Osborn area with quick access to major employment anchors like DTE Energy - Lynch Road Service Center, Coleman A. Young International Airport, Henry Ford Hospital, Detroit Medical Center, and Ascension St John Hospital. I'm also within reach of Brenda Scott Academy, Wayne State University, University of Detroit Mercy, and other institutions that help keep the tenant pool strong and steady. Retail, groceries, restaurants, parks, and transit are all close enough to boost desirability without adding cost. You've already run the math in your head. You know I check the boxes. Reach out to the listing agent and make it official, because you and I are about to perform exactly the way an investor hopes a property will
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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Cooling Central A/C
Possession Close Plus 6-15 Days
Fireplaces LivRoom Fireplace Natural Fireplace
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1945
Subdivision Flower Park MI
Water Heater Gas
Style Ranch
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions Take Van Dyke to Seven Mile head East past Outer Drive Turn Right On Beland
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description E BELAND 7 FLOWER PARK SUB L47 P87 PLATS W C R 17/512 36 X 110.78A
DOM 44
Postal Code 48234
Price Per Sq Ft Total AG 55.19
Public Remarks You found me and you already know I'm about to strengthen your portfolio. I'm 18946 Beland Street
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InteriorDining Room Level Entry
Basement Partially Finished
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 2
Fireplace? Yes
Total Rooms 7
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ExteriorExterior Brick
Frontage 36
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 36X110.78
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByShawn CalhounListing Agent
shawn@calhounteamrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $312
- Monthly Property Taxes
- $72
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $133,523
Percent of Sale Price 167%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2025 | $50,000 | | Listed Price |