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Off-Market

17917 Mackay St

Detroit, MI 48212, USA

List price

$100,000

Single family house

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Story

APPROVED FOR GROUND UP FINANCING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

Acquire full ownership of an income-producing LLC that holds title to a stabilized Section 8 rental property in Detroit. This is a membership interest sale — step into an operating entity with established rental history and documented performance.

Property Snapshot:

Address: 17917 Mackay St., Detroit, MI 48212

2 Bed / 1 Bath | 744 SF | Basement | Built 1954

Section 8 Monthly Rent: $925

Annual Gross Rent: $11,100

Net Operating Income (NOI): $7,528 (2025)

Cap Rate: 7.5%

Performing asset with Section 8 tenant where Detroit Housing Commission pays 100% of rent. Same tenant in place since November 2023.

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Property details

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Property type

Single family house

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