#20240079362, Cyrus Wheeler, Listing Office: Match Realty
8661 Penrod St Detroit, MI 48228
Property details
About 8661 Penrod St
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,182/month. Seller has other similar properties for sale. Please submit your offers to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.
Highlights
Summary
- MLS Number: 81024060157
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: 3DX Real Estate, LLC.
- Office Phone: (888) 304-1447
- Listing Agent: Roxana Yeh
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Last updated on: 3/6/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$102,000
8661 Penrod St
$1,211
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 18, 2022 | Home Sold | $31,680 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $21,300 | $878 |
2023 | $16,700 | $878 |
2022 | $14,700 | $1,274 |
2021 | $11,200 | $1,274 |
2020 | $10,400 | $834 |
2018 | $8,700 | $834 |
2017 | $8,900 | $858 |
History based on county public records data.
Nearby schools
1
Mann Learning Community
Public District KG-5
1.1 mi
•19625 Elmira St
2
Gardner Elementary School
Public District KG-5
1.5 mi
•6528 Mansfield St
5
Oakman Elementary School
Public District PK-5
1.8 mi
•7545 Chase 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 $35,138. The most common annual income of people living in Detroit, MI is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 8661 Penrod St
This home is located at 8661 Penrod St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 1,584 square foot home, which was built in 1947, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $102,000.
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 number of listings in Detroit, MI increased by 7% between January and February 2025. Listings spent 59 days on the market in February 2025, and had a median list price of $88,760 during the same period.