Rent report generated Jan 24, 2025
The Rent Potential of
2030 Junction St Plymouth, MI
is $1,395 – $1,968/mo.
Rent Advice
The property at 2030 Junction St in Detroit, with its spacious 2,240 sqft and 5 bedrooms, offers a strong rental potential. Based on comps, rental income could range from $1,395 to $1,968 monthly. Given the vibrant Southwest Detroit area, a payback period of 7 to 10 years seems feasible. The property's proximity to Ford's Corktown facility and the upcoming Gordy Howe Bridge adds appeal, though its age may pose maintenance challenges.
To maximize rental income, consider updating the kitchen and bathrooms, as modern amenities can significantly boost appeal. If selling, highlight its potential as a multi-family unit and its prime location in a rapidly developing neighborhood. Addressing any structural issues now could also enhance its market value.
What's Next?
Generate another report to compare more investment options.
Generate the Sell Potential of this home.
See what you could sell for based on similar properties.
Search for another property
Enter any address...
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.