Rental investment in Detroit.

[Daniel Odunlami]

🏠 Turnkey Detroit Rental – $61K OBO | $1K Rent | DSCR Pass | 16 %+ Cap

Hey BP fam 👋

Got a clean, tenant-occupied Detroit rental that just hit our dispo list — great fit for cash buyers or DSCR investors looking for a no-hassle, high-yield property with instant cash flow.

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📍 15637 Liberal St, Detroit MI 48205

3 Bed / 1 Bath

889 sq ft

Built 1948

Basement: Full

Tenant: $1,000 / month (MTM, on time payer)

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🧰 Condition

✅ Roof ≈ 5 yrs old

✅ Furnace ≈ 8 months old

✅ Bathroom redone recently

✅ Kitchen touched up recently

✅ Zero rehab needed — maybe light lipstick if desired

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💵 Numbers

Metric Value

Asking $61,000 OBO (Cash / DSCR OK)

ARV $90K – $100K

Rent $1,000 / month

Taxes & Ins (est.) ≈ $1,500 – $1,800 / yr

Net Cap ≈ 16 % + depending on mgmt

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💼 Why It Works

True plug-and-play rental — tenant already paying

Instant equity vs ARV $90–100K

Easily passes DSCR underwriting

Perfect for out-of-state turnkey buyers

Clean title ready • Fast close available

DM for more photos/info