Single Family Home in Detroit, MI, USA, RealT
Property Type : Single Family Home
Price per Token : $50.49
Return Cash (exp) ? : 9.95%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1.5 Baths
Total Property Value ? : $80,784.00
Total Number of Tokens : 1,600

Sold Out – This Real Estate Token is available on RealTs secondary markets only

 

Vast and Beautiful
13952 Fielding is a single-family residence from 2003 located in Detroit, Michigan. The two-story property features masonry foundations and sheath siding, and its 1,442 square feet of living space and 8,102 square-foot lot offer 3 bedrooms, 1.5 bathrooms, gas and forced air heating, an attached garage, and a front and backyard. The house is a few blocks away from different amenities, including dining options, local churches, and tire shops over Schoolcraft Road.

A Supportive Community
Brightmoor, a neighborhood in Detroit, was originally developed in 1922 as a planned community to provide affordable housing for migrants from the South. Over time, it has evolved into a lively area with a strong community spirit. The neighborhood is home to Eliza Howell Park, Detroit’s third-largest public park, covering 250 acres. The park hosts a variety of community events, including Winter Fest with activities like sledding and marshmallow roasting, and features cultural landmarks such as Patrick Dougherty’s “Stickwork” sculpture. The Detroit Department of Transportation offers easy access to Brightmoor via bus route 18, with stops along Fenkell Avenue.

Investment Potential
This property, listed at $80,784, offers investors an expected rental income of 9.95% and an interesting opportunity to invest in a growing neighborhood. Additionally, it comes with a $6,400 renovation budget for house improvements. This house is our latest addition in the area, including 15350 Greydale, 13991 Warwick, 14176 Plainview, 15379 Patton, and S 22233 Lyndon. The growing number of properties in the neighborhood emphasizes our focus on selecting up-and-coming areas with potential for investment opportunities.

 

 

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