This fully renovated 4-bedroom, 1 bath home on Beaverland St sits on the east side of Detroit with a tenant already in place paying $1,400 a month, right around 2 percent ROI of list price and the kind of cashflow number that's tough to find in today's market. The seller recently completed a full renovation along with a two-bedroom addition off the back of the home, taking it from a smaller layout to a spacious four bedroom that commands more rent and gives the next owner real upside. The roof and HVAC system are both approximately three years old, taking two of the biggest ticket items off the table for years to come. Whether you're growing a rental portfolio or picking up your first investment property, this one comes turnkey with the heavy lifting already done.

Source: Great Lakes Repository, MLS#: 61004657