12660 Grandmont Avenue

Detroit - United States of America

Properties > 12660 Grandmont Avenue
EST. ANNUAL RETURN
12.24%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Crowdfunding
PROPERTY TYPE
Single Family Home
TARGET
$72,350

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Description

This single-family, 3 bedroom 1 bathroom home was built in 1948 and is comprised of two stories, offering a very generous 94.7m2 of living space.

This property comes complete with a built-in fireplace in the living room, forced air heating and central cooling  offering a warm, comfortable environment in the winter and cool, fresh space in the summer.


About the area

Detroit is the largest city in the Midwestern state of Michigan. Near Downtown, the neoclassical Detroit Institute of Arts is famed for the Detroit Industry Murals painted by Diego Rivera, and inspired by the city’s ties to the auto industry, giving it the nickname "Motor City."

Detroit is also the birthplace of Motown Records, whose chart-topping history is on display at their original headquarters in Hitsville, U.S.A.

Discover why we believe Detroit is ideal for property investments. (Infographic)

Investment Timeline
  • Funding started
    4th March 2020
  • Funding complete
    28th April 2020
  • Rental starts
    1st May 2020
  • Returns start
    1st June 2020
  • Year 1 returns
    1st June 2021
  • Year 2 returns
    1st June 2022
  • Year 3 returns
    1st June 2023
  • Year 4 returns
    1st June 2024
  • Property sold
    20th May 2024


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