$533 Closing Credit¹
#20240082359, Leonard A Pickett III, Listing Office: RCH Brokerage Legacy Inc
$52,000 List price
5406 Joy Rd Detroit, MI 48204
$618
Closing credit¹
3 beds
1 full
983 sqft
0.10 acres
$53 / sqft
House
Property details
About 5406 Joy Rd
This is a remarkable investment opportunity on Detroit's westside, perfect for cash buyers seeking a steady income stream. The property is currently cash-flowing and offers an excellent chance to step into a ready-made investment. The seller prefers to include the existing tenants with the sale, ensuring immediate rental income. With its strategic location and consistent performance, this property is ideal for investors looking to expand their portfolio in a thriving market.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size983 sqft
BasementYes
Lot size0.1 Acres
Year built1920
ParkingOne Car Garage, Detached
MLS #20250004875
Garage1 space
Summary
- MLS Number: 20250004875
- MLS Name: Realcomp II Ltd
- Office Name: KW Professionals
- Office Phone: (734) 459-4700
- Listing Agent: Jeff Glover
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$52,000
5406 Joy Rd
$618
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $8,700 | $568 |
| 2023 | $6,745 | $568 |
| 2022 | $6,200 | $831 |
| 2021 | $5,000 | $831 |
| 2020 | $4,800 | $581 |
| 2018 | $5,000 | $581 |
| 2017 | $5,100 | $590 |
History based on county public records data.
Nearby schools
2
Barton Elementary School
Public District KG-5
1.1 mi
•8530 Joy Rd
5
McDonald Elementary School
Public District PK-5
1.7 mi
•10151 Diversey St
2
Riverside Academy
Public Charter KG-5
2.2 mi
•7124 Miller Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,368. The majority of Detroit, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
39%
<35k
58%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
26%
Single, with Kids
12%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5406 Joy Rd
This home is located at 5406 Joy Rd in Detroit, MI and zip code 48204 in the Tireman neighborhood. This 983 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $52,000.
Detroit, MI housing market in February 2025 saw over 68 listings sold above listed price, more than 60 sold at listed price and over 203 sold below. The inventory of homes for sale in Detroit, MI between January and February 2025 increased by 7%. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $88,760.
From Rocket Homes Real Estate and based on county public records data.