Off-Market Property at 11018 Whitehill St, Detroit, MI 48224
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11018 Whitehill St, Detroit, MI 48224

$99,500

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $141 per day and long-term for an average of $1,600 per month, based on similar listings in the area. Estimated short-term cap rate of 19.6%. Estimated long-term cap rate of 10.9%. This house located in Conner, Detroit, MI 48224 is currently for sale for $99,500. 11018 Whitehill Street is a 2,032 square foot house with 3 beds and 1 bath that has been on Estately for 116 days. This house is in the attendance area of Detroit School Of Arts, Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory Of Music & Art At Beckham Academy, Communication And Media Arts High School, Bates Academy, Cass Technical High School, Wayne Elementary School, Denby High School, Detroit International Academy For Young Women, and Foreign Language Immersion And Cultural Studies.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2009
Bedrooms
3
Bathrooms
1
SQFT
2,032
Furnished
N/A
Year built
1939
Listing Status
Off Market
MLS
20240068787

Short-term Rental Potential
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$27,828

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$48

Price/SQFT

Long-term Rental Potential
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$19,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,600/mo

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