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Penny's Vacation Rentals

Penny's Vacation Rentals

CorAgent Legal

INVESTOR DEALS!

5 BEDROOM HOME ON 2 ACRES IN
SAINT MARTINVILLE LOUISIANA

201 N. PINAUD, SAINT MARTINVILLE, LA

Great opportunity for a BIG PROFIT!

5 bedrooms, 3 bathrooms, 3556 square feet.  1907 Acadian-style home sits on a corner lot with nearby 2 acres of beautiful Bayou Teche waterfront with wharf.  Located about 16 miles SE of Lafayette.   Kitchen has oversized island and bar sink.  Hardwood floors throughout.  Formal living room, dining room and spacious den.  3 bedrooms and 2 bathrooms are on the main level.  Covered front porch.  Outdoor kitchen is connected to the pool house, which has a large living room, kitchen, dining room and bathroom.  2 car detached garage with additional canopy parking for 4 cars.  A total of 3 central air units are approx. 15 yrs. old.  Metal roof is approx. 15 years old.  Electrical upgraded in 2013.  Home needs updating and pool needs some repairs.   

Great rehab opportunity to make a big profit.  ARV is about 550k-650k with approx. 70k-100k in repairs & updates.  

 Off-market property.  Contact me directly for a showing.  734-392-4880

ASKING PRICE:   REDUCED TO 235K !!

FULLY RENOVATED AND RENT-READY
WITH CASH FLOW!

15663 CARLISLE ST., DETROIT MI 48205

This rental will cash flow - even with financing!!

This cute 2 BR brick home is 783 sq. ft. and has been fully renovated in 2025, with updated kitchen and bathroom, new paint and waterproof vinyl flooring throughout.  New interior doors and LED lighting throughout.  Appliances are included.  New furnace and water heater.  Roof is in good condition; no leaks.  Full unfinished basement.  Sewage cleanout to the city main has been done.  2 car detached garage faces the alley.  Built in 1950.

This home would rent for $1200/mo. per Rentometer - see report here:  https://www.rentometer.com/analysis/2-bed/15663-carlisle-st-detroit-mi-48205/eAYq3tV9VoM

Uncapped taxes are approx.  $2872/yr. or $240/mo.

Purchase with cash for the greatest profits, but with DSCR financing (calculated with 20% down at 7% interest) would cash flow over $400/mo.

$1,200/mo.   rent
-   240           property taxes
-  130            insurance
_________
$   830/mo.   approx. net cash flow WITHOUT financing
 

$1,200/mo.   rent
-   240           property taxes
-   130           insurance
-   426           principal & interest payment (calculated at 64K loan amount at 7% interest, 30 yr amort.)
_________
$  404/mo.    approx. net cash flow WITH financing

 

ASKING PRICE:  $80,000

showings by appointment only

GREAT 3 BEDROOM RENTAL IN TAYLOR MI
INSTANT CASH FLOW!

6910 JANET ST., TAYLOR MI 48180

This updated bungalow is 925 sq. ft. and has 3 bedrooms, 1 bathroom, large living room, rear deck and detached garage.  No work needed (final repairs are being completed).  Located near Ecorse Rd. & Beech Daly.  Professionally managed by City Central Property Management, which is my company, so I can provide accurate details. Great tenants are current, paying $1600/mo. + water.  Insurance is $130/mo.  Uncapped property taxes would be about $380/mo.   Showings by appointment only.  *DO NOT DISTURB TENANTS

Off-market property.  Contact me directly with questions or to schedule a showing.  734-392-4880

ASKING PRICE:  135k

15060 APPOLINE ST., DETROIT MI 48227

This all-brick home has 4 bedrooms, 1 bathroom and a full basement.  1299 sq. ft., built in 1929.  Lots of updates.  Needs minor repairs.  Located S of Fenkell, @ of Meyers.  Market rent is approx. $1,450/mo.  https://www.rentometer.com/analysis/4-bed/15060-appoline-st-detroit-mi-48227/Jtil9RUci6c/quickview

ASKING PRICE:  67K + closing costs

15385 STANSBURY ST., DETROIT MI 48227

This brick & wood tudor-style colonial has 3 bedroom, 1 bath and full basement.  1156 sq. ft., built in 1927.  Lots of updates, needs minor repairs.  Located N of Fenkell, W of Schaefer.  Market rent is approx. $1,350/mo.  https://www.rentometer.com/analysis/3-bed/15385-stansbury-ave-detroit-mi-48227/18qEHoG0Tlk/quickview

ASKING PRICE:  67K + CLOSING COSTS

 

15862 STANSBURY ST., DETROIT MI 48227

This 3 Bedroom 1 Bathroom brick home is 1149 sq. ft., was built in 1928 and has a full basement and detached garage.  Upstairs bedroom includes a balcony.  Lots of updates. Needs minor repairs.  Located S of Puritan, W of Schaefer.  Market rents are approx. $1,350/mo.  https://www.rentometer.com/analysis/3-bed/15862-stansbury-ave-detroit-mi-48227/UJ7RgsmQHjs/quickview

ASKING PRICE:  67K + CLOSING COSTS

 

All information is believed to be accurate, but buyers must verify all information for themselves.  Marketer of these properties either owns or has equitable contractural interest in the properties, or permission to market.

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