3BR Home in Detroit , MI

About This Property

SUBJECT-TO | SECTION 8 | REFINANCE-REQUIRED DEAL ------------------------------------ down payment: Contact for details-Contact for details Contact for details/mo existing financing in place INTEREST RATE: 7.7483% SECTION 8 HAP RENT: Contact for details/mo ------------------------------------ Property Details: Beds: 3 Bath: 1 Sqft: 1,179 Garage: 1-car detached Year Built: 1949 ------------------------------------ Why This Deal Works: Occupied by a Section 8 (HAP) tenant with guaranteed government-backed rent - Contact for details/mo, paid reliably regardless of tenant circumstances. The existing loan carries a due-on-sale clause, so this is structured for a buyer who will refinance into their own loan at closing and pay off the seller's note directly. With HAP rent covering the current and room to spare, this is a strong fit for a buyer with solid credit looking to capture the rate-arbitrage upside on refinance, with a 30-35 day close timeline. ------------------------------------ Message the seller or submit an offer for more details, photos, and rent history.

Features & Highlights