Single Family Home, USA, Detroit, MI, RealT
Property Type : Single Family Home
Price per Token : $50.04
Return Cash (exp) ? : 9.44%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1 Bath
Total Property Value ? : $76,561.20
Total Number of Tokens : 1,530

SOLD OUT – This Real Estate Token is only available on RealTs secondary markets

 

HOME BY THE RIVER
Right by the Rouge River you can find 8295 Burt, a classic single-family rental. This traditional residence boasts 3 comfortable bedrooms and 1 bathroom, making it an ideal home for families seeking a serene urban abode. The property sits on a generous 5,227-square-foot lot, supplying ample space for outdoor activities, whether you enjoy gardening, relaxing, barbecues, or entertaining.

COMMUNITY EMPOWERMENT
The Cody-Rouge neighborhood is an engaged community with a strong focus on development. Nearby Dixon Educational Learning Academy and local soccer fields provide excellent educational and recreational opportunities. The Cody Community Leadership initiative, taught weekly in a Cody High honors English class, educates students about community development and its vital role in society.

COST-EFFECTIVE MANAGEMENT
Burt offers an expected annual income of 9.44% for token-holders. The home was acquired for $56,000, with an $8,000 renovation budget allocated for painting, entrance repair, and deferred maintenance. This property offers a pleasant living space paired with a lucrative investment opportunity, and it’s conveniently located near other RealT properties such as 9336 Patton, enhancing our economies-of-scale strategy and facilitating cost-effective management, operational efficiencies, and robust investment performance.

 

 

 

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