7754 Evergreen Road

Detroit - United States of America

Properties > 7754 Evergreen Road
EST. ANNUAL RETURN
9.14%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Entire Property
PROPERTY TYPE
Single Family Home
TARGET
$80,700

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Description

Single-family, 3 bedroom-1 bathroom, home originally constructed in 1954. The property offers a spacious 92.9mof living space and has a large basement and a garage with one parking space

In addition, the property has been refurbished in 2021 and has recently been painted, had a new kitchen and bathroom floor fitted, new carpeting laid throughout and new roof installed on the garage.


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
    8th July 2021
  • Funding complete
    15th July 2021
  • Rental starts
    20th Aug. 2021
  • Returns start
    1st Sept. 2021
  • Year 1 returns
    1st Sept. 2022
  • Year 2 returns
    1st Sept. 2023
  • Year 3 returns
    1st Sept. 2024
  • Year 4 returns
    1st Sept. 2025
  • Property sold


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