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Buyer Property Snapshot
🏠 BUYER PROPERTY SNAPSHOT
18295 Gilcrest St – Detroit, MI
Property Type: Single-Family Rental
Tenant: Long-Term Section 8
Monthly Rent: $1,190
Annual Rent: $14,280
Condition (Turnkey):
No major repairs needed
No roof issues
New furnace
New water heater
Stability:
Performing income property
Section 8 = reliable payments
Low maintenance profile
💰 INVESTOR NUMBERS
Price Target: $90,000–$95,000
GRM: ~6.3–6.6
Cash Flow Friendly
Ideal for:
Buy & Hold investors
Section 8 portfolio builders
Out-of-state landlords
Exit Strategy: Hold for cash flow or ref
inance after seasoning
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Buyer Property Snapshot
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