Active listing · MLS #20261036809

11437 Kenmoor Street, Detroit

$85,000

Photo 1 of 11437 Kenmoor Street
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About this home

Here's a cash-flowing tenant occupied brick rental with strong fundamentals already in place. Priced at $85,000 and currently rented at $1,448/month until June 2027, this 3-bedroom, 2-bath single-family home offers investors immediate income and attractive rent-to-price performance. From an investor standpoint, the numbers are strong. At the current rent, the property produces $17,376/year in gross rental income, which equals approximately a 20.4% gross rent-to-price return. For DSCR-focused buyers, the rental income gives this property attractive coverage potential. Based on an estimated 75% LTV loan, the current rent produces a strong estimated DSCR before taxes and insurance, and the scheduled rent increase improves that position even further. Final DSCR will depend on lender rate, taxes, insurance, and underwriting guidelines. The home also offers several ownership advantages investors look for. Brick construction, a good roof, a new furnace in 2024, and a new hot water heater in 2024 help reduce near-term capital concerns. The 1,603 sq ft layout includes 3 bedrooms, 2 full baths, a fireplace, and newer windows, giving tenants the comfort and functionality that support long-ter

The facts

Price$85,000
Beds3
Baths2
Square feet1,603
TypeSingleFamilyResidence
SubdivisionDRENNAN & SELDONS LASALLE COLLEGE PARK
CountyWayne
MLS #20261036809
Listed2026-05-20
Days on market107
Year built1938
Listing officeKeller Williams First
Budget the uncapped bill, not the seller's. Michigan taxable value resets the year after closing to roughly half the price — whatever this seller currently pays. Run the uncapping calculator on this price before you offer, and see Detroit's full tax breakdown.

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IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-04T09:58-04:00; refreshed at least twice daily.