99 E Great Lakes Street

About this home

Investor-ready and income-producing, this charming single-family home is currently rented to a dependable Section 8 tenant at $1,200/month, offering immediate cash flow and long-term upside. Set on a spacious lot along a peaceful, tree-lined street, the property features major upgrades including brand-new vinyl siding, a new roof, and newer windows for enhanced efficiency and curb appeal. Directly across from a beautifully maintained public park, the location provides serene views and walkable access to green space—ideal for tenant retention and lifestyle appeal. With stable tenancy, low maintenance, and strong neighborhood fundamentals, this turnkey asset is a smart addition to any portfolio. Please do not disturb tenant. Showings will be arranged after accepted offer, that will be contingent upon an interior inspection.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in River Rouge

Over the last 90 days, 11 homes sold in River Rouge for a median of $100,000, about $73 per square foot, and the typical one went under contract in 62 days. This home is listed at $104,900, or $101 per square foot, 38% above the city median, and has been on the market 393 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent River Rouge sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,379 a year. A buyer who lives here would pay about $1,198 to $4,328 a year once the taxable value resets after the sale, at the 2025 homestead rate of 81.69 mills for River Rouge City and River Rouge schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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