Suitable for both owner-occupants and investment buyers. If you're looking for Westland, Michigan multi-family homes, rental income properties, or private use, check out this 2-unit multifamily at 34204 & 34206 Dayton Ct, Westland. Each unit offers 3 beds /1 bath. Current rent is $900 per month, with HUD Section 8 rent at $1,645. This is a prime opportunity for income-producing real estate and cash flow properties. Cap rate is estimated in the range of 8-9 percent, depending on final expenses and financing. For financing options, contact us to discuss possibilities such as 3.5% down FHA, 5% down primary, VA 0% down, or DSCR financing. Explore 16 additional Westland multifamily investment properties available for individual purchase or as a bundled real estate portfolio opportunity. Buyers with proof of financing only. Data and measurements are approximate & not guaranteed. BUYER/BATVI.
If you're searching for buy and hold properties in Westland or expanding your position in the Michigan rental market, consider this 2-unit multifamily at 34232 & 34234 Dayton, Westland, MI 48186. Each unit offers 3 bedrooms and 1 bath. Current rent is $950 per month, with HUD Section 8 rent at $1,350. This property presents strong passive income potential and may be ideal for buyers seeking to live in one unit while leasing the other, or fully utilize both units.Cap rate is estimated between 8% and 9%, depending on final expenses and financing. For financing discussions--including FHA, owner-occupant, VA, or DSCR options--contact listing agent. Proof of funds or lender preapproval requested with offers. THERE ARE 16 ADDITIONAL WESTLAND MULTIFAMILY OPPORTUNITIES THAT MAY BE ACQUIRED ONE AT A TIME OR ASSEMBLED INTO A PORTFOLIO ACQUISITION.Data and measurements are approximate and not guaranteed.
If you're looking for investment properties in Westland, Michigan--whether for rental income, house hacking, or private use--check out this 2-unit multifamily at 33312 & 33314 Belding Ct. Each unit has 2 beds, 1 baths. Current rent is $800/month; HUD Section 8 rent is $1,275. Cap rate is estimated in the range of 7 to 8 percent, depending on final expenses and financing. For financing options, contact us to discuss possibilities such as 3.5% down FHA, 5% down primary, VA 0% down, or DSCR financing. Buyers with proof of financing only. We have 16 additional multifamily properties available in Westland that may be purchased individually or as part of a portfolio package. Data and measurements are approximate and not guaranteed. BUYER/BATVI.
TURN-KEY TWO-UNIT INCOME PROPERTY IN PRIME LOCATION. WELL-MAINTAINED AND BEAUTIFULLY REMODELED TWO-UNIT PROPERTY, FULLY UPDATED AND MOVE-IN READY. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATHROOM, AND A MODERN KITCHEN. PROPERTY SITS ON A SLAB FOUNDATION FOR LOW-MAINTENANCE OWNERSHIP. UPDATES INCLUDE: NEWER ROOF (2024), QUARTZ COUNTERTOPS IN BATHROOM VANITY AND ONE KITCHEN, NEW TILE FLOORING THROUGHOUT, AND UPDATED LIGHTING. INCOME DETAILS: ONE UNIT CURRENTLY RENTED AT $1,400/MONTH. SECOND UNIT IS SECTION 8 AT $1,169/MONTH WITH TENANT VACATING AT MONTH-END, ALLOWING OPPORTUNITY TO INCREASE RENT TO MARKET. MARKET RENTS ESTIMATED AT $1,400 PER UNIT. RENTS HAVE NOT BEEN INCREASED IN OVER 18 MONTHS, OFFERING IMMEDIATE VALUE-ADD POTENTIAL.. LOCATION HIGHLIGHTS: DIRECTLY ACROSS FROM A PARK AND POLICE STATION AND NEAR A KROGER-ANCHORED SHOPPING CENTER, PROVIDING STRONG RENTAL DEMAND AND CONVENIENCE. IDEAL FOR INVESTORS OR OWNER-OCCUPANTS SEEKING A TURN-KEY, CASH-FLOWING PROPERTY IN A DESIRABLE AREA.
Westland is located in Michigan. Westland, Michigan has a population of 84,961. Westland is less family-centric than the surrounding county with 25.43% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Westland, Michigan is $55,640. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Westland is 38.6 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 33.7 inches per year, with 42.3 inches of snow per year.
