3682 Devonshire Road

Detroit - United States of America

Properties > 3682 Devonshire Road
EST. ANNUAL RETURN
8.71%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Crowdfunding
PROPERTY TYPE
Single Family Home
TARGET
$99,250

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Description

Single- family, 3 bedroom 2 bathroom, brick colonial style home originally constructed in 1929 and recently renovated. The property offers a spacious 142.05m2 of living space, with a basement and a 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
    27th Oct. 2020
  • Funding complete
    18th Nov. 2020
  • Rental starts
    4th Dec. 2020
  • Returns start
    1st Jan. 2021
  • Year 1 returns
    1st Jan. 2022
  • Year 2 returns
    1st Jan. 2023
  • Year 3 returns
    1st Jan. 2024
  • Year 4 returns
    1st Jan. 2025
  • Property sold


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