DETROIT owner financing home - a single family home (4 beds, 2 baths)

This is an incredible opportunity for an investor looking for a turn key property with around an 11 percent cap rate. Long term tenant thatwould like to stay. Lease is up in February 2025. nnThis colonial is a 4 bedroom 2 full bathroom home with hard wood floors, spacious closets, and tons of natural light. Two of the bedrooms are on the main level and the other two are on the upper level. nnLand Contract terms are available at a 10 percent interest rate with a $40,000 down payment, 36 month term and a balloon payment at the end.This owner financing home is a single family home located in DETROIT. It offers 0.1 acres in size, 4 beds and 2 baths. Review its detailed information and determine if this DETROIT owner financing has the qualities you are looking for.

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.