13416 Marlowe Street

Detroit - United States of America

Properties > 13416 Marlowe Street
EST. ANNUAL RETURN
9.66%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Entire Property
PROPERTY TYPE
Single Family Home
TARGET
$76,350

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Description

Single- family, 3 bedroom 2 bathroom, home originally constructed in 1926 and recently renovated. The property offers a spacious 132.5m2 of living space over two floors and has a large basement and a detached garage.

In addition, the 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.

Investment Timeline
  • Funding started
    30th Nov. 2020
  • Funding complete
    2nd Dec. 2020
  • Rental starts
    1st Jan. 2021
  • Returns start
    1st Feb. 2021
  • Year 1 returns
    1st Feb. 2022
  • Year 2 returns
    1st Feb. 2023
  • Year 3 returns
    1st Feb. 2024
  • Year 4 returns
    1st Feb. 2025
  • Property sold


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