8661 Penrod Street Detroit, MI 48228

Single Family Detached MLS #: 24060157 Courtesy Of 3DX Real Estate, LLC.
42705 Grand River Suite 201, Novi, MI

$103,000

3 beds | 1 baths | 1,584 sq ft
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Est. Property Tax: $1,855
Estimated monthly payments: $605/mo.* (recalculate)

Property InformationDescription

Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,182/month. Seller has other similar properties for sale. Seller and agent are related.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Bungalow
  • Exterior Type: Aluminum Siding
  • Heating System: Forced Air
  • Lot Size: 0.1 Acres

MAP & DIRECTIONS

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8661 Penrod Street, Detroit, MI 48228
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School Information

8661 Penrod Street, Detroit, MI 48228

Elementary School
Grades KG-8 | Public School
DIXON EDUCATIONAL LEARNING ACADEMY
Detroit, MI 48228
8401 Trinity St
313.­947.1330
Distance: 1.4 mi
School Rating
F
Student:Teacher Ratio
18:1
Total Students
538
Middle School
Grades KG-8 | Public School
DIXON EDUCATIONAL LEARNING ACADEMY
Detroit, MI 48228
8401 Trinity St
313.­947.1330
Distance: 1.4 mi
School Rating
F
Student:Teacher Ratio
18:1
Total Students
538
High School
Grades 9-12 | Public School
CODY HIGH SCHOOL
Detroit, MI 48228
18445 Cathedral St
313.­866.9200
Distance: 0.2 mi
School Rating
F
Student:Teacher Ratio
15:1
Total Students
598
Other Nearby Schools Distance Type Grades School Rating
Way Academy Chicago Site 0.7 mi Public 6-12 F
Warrendale Charter Academy 0.8 mi Public KG-8 D
Detroit Premier Academy 0.9 mi Public KG-8 D-
Detroit Innovation Academy 0.9 mi Public KG-8 D
Henderson Academy 1.0 mi Public KG-8 F
Mann Learning Community 1.1 mi Public KG-5 F
Tot Town Child Development Center 1.2 mi Private PK-KG
Tawheed Center Of Detroit School 1.5 mi Private KG-8
Carver Stem Academy 1.5 mi Public PK-8 F
Gardner Elementary School 1.5 mi Public KG-5 D
Clara B Ford Academy Seventy-day Adventist 1.6 mi Public 5-12 D-
Vista Meadows Academy 1.6 mi Public KG-12 D
Breithaupt Career And Technical Center 1.8 mi Public 9-12
The Dearborn Academy 1.8 mi Public PK-8 F
Oakman Elementary School 1.9 mi Public PK-5 C
Dossin Elementary-middle School 1.9 mi Public KG-8 F
Maples Elementary School 1.9 mi Public PK-5 C+
Muslim American Youth Academy 1.9 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Detroit, MI 48228

Median Age: 31.7
Married: 22%
Number of Households: 18,892
Households with Children: 35.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.