Lease option
Lease with Purchase Option · 3BR/2.0BA · Detroit, MI
1009 Cass Ave, Detroit, MI · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMixed-use
Units6
Beds / baths— / 1
Living area3,996 sqft
Lot0.24 acres
Year built1929
About this deal
Lease-option on a single-family home located at 1009 CASS AVE, Detroit, MI. Move in now and lock in today's price of $140,000. Option period and rent-credit terms are negotiable. 3 bedrooms, 2.0 bathrooms, built 1936.
The numbers
- Cap rate
- 8.4%
- Net operating income
- $20,388/yr
- Cash flow
- +$1,699/mo
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.