Welcome to 2480 Calvert, located in the up-and-coming city of Detroit, MI. ThisTURNKEYinvestment property is a rare find, offering the perfect opportunity for savvy investors looking to add to their portfolio. Situated near the prestigious Boston Edison district, this property is already a gem in the making. Featuring a total of three units, all of the heavy rehab work has already been taken care of, allowing you to start making money from day one. One unit is already filled, showcasing the high demand for rental properties in the area. With an average ARV of$200, 000,this property has immense potential for growth and appreciation in value. Rental rates in the area are averaging at an impressive$2, 650per month for all three…
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The average household income in
Detroit, MI
grew
from
$30,344
to
$31,283
in the past year. This data is an estimate based upon
266,333
households in
Detroit, MI. The chart below presents how household income is distributed in
Detroit, MI
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Detroit, MI
compared to median property taxes around the country. The prevalent amount of property taxes in
Detroit, MI
equals
$800-$1,500
, which is
less
than the national average.