16019 East State Fair Avenue

Detroit, United States of America

Properties > 16019 East State Fair Avenue
FUNDING TARGET
$76,250
DAYS LEFT
Fully Funded
INVESTMENT TERM
4 years
EST. ANNUAL RETURN
9.10%
100% FUNDED
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Description

Single-family, 3 bedroom 1 bathroom, home originally constructed in 1943 and recently renovated. The property offers a spacious 80.9m2 of living space over two floors and has a large basement and 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
    3rd March 2021
  • Funding complete
    16th March 2021
  • Rental starts
    1st April 2021
  • Returns start
    1st May 2021
  • Year 1 returns
    1st May 2022
  • Year 2 returns
    1st May 2023
  • Year 3 returns
    1st May 2024
  • Year 4 returns
    1st May 2025
  • Property sold


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