20161 Yonka St
Detroit, MI 48234
3
Bedrooms
1
Bathrooms
871
Sq Ft
1948
Year Built
About This Property
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 85,000 PURCHASE PRICE, 25,000 DOWN PAYMENT, 8% INTEREST, 96 MONTH TERM. 848 / MONTH. Seller financing/land contract terms are negotiable. Brimming with potential and ready for its next chapter, this spacious home offers an incredible opportunity for investors or homeowners eager to bring their vision to life. Ideally located near major highways, schools, shopping, and just moments from Farwell Park, it provides convenient access to everything the city has to offer. Don t miss your chance to unlock its possibilities. Schedule your private showing today! Purchaser to pay 395 processing fee. As-is sale.
Property Details
Property Type
Single Family
Year Built
1948
Lot Size
4,791.6 sq ft
HOA
None
Listed Price
$69,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Detroit
What is owner financing for 20161 Yonka St?
Owner financing means the seller of 20161 Yonka St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Detroit, MI is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Detroit home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Detroit property.