Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash Flow
Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment!
Key investor highlights:
4 bed / 2.5 bath layout ideal for long-term rental demand
Tenant pays utilities, minimizing owner expenses
Month-to-month lease = flexibility without vacancy risk
Room to improve cash flow with minor updates or rental increases
Proximity to Joe Louis Greenway adds long-term value
The home itself offers character and charm with functional updates:
A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package.
**Homes with this square footage, location, and income potential rarely come at this price.
Do not disturb tenant. Showings after accepted offer. BTVAI.
For sale
$124,900
9327 Cloverlawn St, Detroit, MI 48204
4beds
1,844sqft
Est.:
Single Family Residence
Built in 1945
4,791.6 Square Feet Lot
$122,900 Zestimate®
$68/sqft
$-- HOA
What's special
Detached garageLarge backyardFinished basementFunctional updatesCharacter and charmPrivate en-suite primary upstairs
- 12 days
- on Zillow |
- 298 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 11:00pm
Listed by:
Tenasia Hatch 248-971-1222,
Irongate Realty Group 248-971-1222
Source: Realcomp II,MLS#: 20251019379

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Entry
- Dimensions: 10 X 10
Bedroom
- Level: Entry
- Dimensions: 8 X 9
Bedroom
- Level: Entry
- Dimensions: 16 X 14
Bedroom
- Level: Second
- Dimensions: 16 X 14
Primary bathroom
- Level: Entry
Other
- Level: Second
Other
- Level: Basement
Kitchen
- Level: Entry
- Dimensions: 9 X 6
Heating
- Hot Water, Natural Gas
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 1,844 sqft
- Finished area above ground: 1,044
- Finished area below ground: 800
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached, Driveway
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 40.00 x 123.00
Details
- Parcel number: W18I014457S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1945
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: M-P-C MAYFLOWER (PLATS)
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $15,782
- Annual tax amount: $1,581
- Date on market: 7/21/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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