'/%3e%3cpath%20d='M110.5%2074.84L61.56%20113.3V150.04H0V87.4L110.5%200V74.84Z'%20fill='url(%23paint1_linear_1102_1766)'/%3e%3cpath%20d='M159.44%20150.04L159.44%20205.81H159.2L110.5%20166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57L159.44%20150.04Z'%20fill='url(%23paint2_linear_1102_1766)'/%3e%3cpath%20d='M110.5%20110.57V166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57Z'%20fill='url(%23paint3_linear_1102_1766)'/%3e%3cpath%20d='M159.44%20206H61.5601L61.8001%20205.81L110.5%20166.53L159.2%20205.81L159.44%20206Z'%20fill='url(%23paint4_linear_1102_1766)'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_1102_1766'%20x1='166'%20y1='-19.908'%20x2='145.641'%20y2='227.731'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.723958'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint1_linear_1102_1766'%20x1='64'%20y1='15.7891'%20x2='172.309'%20y2='257.652'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%239383FF'/%3e%3cstop%20offset='0.75'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint2_linear_1102_1766'%20x1='171.462'%20y1='36.6188'%20x2='8.598'%20y2='270.272'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.229167'%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.994792'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint3_linear_1102_1766'%20x1='55.7219'%20y1='-31.3876'%20x2='76.8187'%20y2='349.172'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.307292'%20stop-color='%239383FF'/%3e%3cstop%20offset='0.854167'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint4_linear_1102_1766'%20x1='110'%20y1='271'%20x2='76.5255'%20y2='202.314'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.90625'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e)
'/%3e%3cpath%20d='M110.5%2074.84L61.56%20113.3V150.04H0V87.4L110.5%200V74.84Z'%20fill='url(%23paint1_linear_1102_1752)'/%3e%3cpath%20d='M159.44%20150.04L159.44%20205.81H159.2L110.5%20166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57L159.44%20150.04Z'%20fill='url(%23paint2_linear_1102_1752)'/%3e%3cpath%20d='M110.5%20110.57V166.53L61.8001%20205.81H61.5601L61.56%20150.04L110.5%20110.57Z'%20fill='url(%23paint3_linear_1102_1752)'/%3e%3cpath%20d='M159.44%20206H61.5601L61.8001%20205.81L110.5%20166.53L159.2%20205.81L159.44%20206Z'%20fill='url(%23paint4_linear_1102_1752)'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_1102_1752'%20x1='166'%20y1='-19.908'%20x2='145.641'%20y2='227.731'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.723958'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint1_linear_1102_1752'%20x1='64'%20y1='15.7891'%20x2='172.309'%20y2='257.652'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%239383FF'/%3e%3cstop%20offset='0.75'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint2_linear_1102_1752'%20x1='171.462'%20y1='36.6188'%20x2='8.598'%20y2='270.272'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.229167'%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.994792'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint3_linear_1102_1752'%20x1='55.7219'%20y1='-31.3876'%20x2='76.8187'%20y2='349.172'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20offset='0.307292'%20stop-color='%239383FF'/%3e%3cstop%20offset='0.854167'%20stop-color='%234D3FED'/%3e%3c/linearGradient%3e%3clinearGradient%20id='paint4_linear_1102_1752'%20x1='110'%20y1='271'%20x2='76.5255'%20y2='202.314'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%23B5AAFF'/%3e%3cstop%20offset='0.90625'%20stop-color='%238977FF'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e)
6746 Westwood St
6746 Westwood St
Detroit, MI 48228
About
Property originally listed for sale on the marketplace by Dua Al-Zayadi.
Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
Updated as of 7/14/2025:
The Operating Reserve balance 3,147.75 which is above half full.
Owners voted to apply 50% of cash flow until the reserve is full ($5,000).
Based on the projected monthly cash flow ($658.64) if the tenant pays their balance, it will take ~5.3 months for the reserve to be full.
The Operating Reserve balance is part of the property value. As a result, the property will increase in value as the Operating Reserve is replenished.
Single Family Home renovated in Spring/Summer of 2022.
Details
- Close to schools, freeways, and shopping centers such as Walmart, Home Depot, and Target
- The main floor features a fully updated living room, kitchen and bathroom
- Click here to see a 360° view of the property
- The Closing Costs have been increased to account for repairs which will be made post-close. View the Inspection Report Repairs document for more details.
- Evernest is holding $951.88 in operating cash for this property to cover unpaid bills from other properties. The Operating Reserve balance reflects what it will be once the funds are released, since these funds are owed to the property. Once the outstanding bills are settled, the cash will be transferred. Learn more here.
Property Management and Insurance
- Managed by Whalec Property Management
- Insurance Policy through Obie Insurance
Occupancy Status (Delinquent)
- Tenant owes a balance of $2,257.50
- 1 year lease (10/30/2024 - 10/30/2025)
- $1,075/month
- $1,612.50 Security Deposit
- Lease Agreement
Location Data
Due Diligence Documents
Property Management
Property Manager
Property manager details coming soon.
Due Diligence Documents
About this offering
The Market
Detroit, MI
Detroit, MI offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
Governance Results for 6746 Westwood St:
The Governance Voting results are back for the owner proposed vote.
The winning vote is:
YES – Authorize Alec VanBeek / Whalec Property Management LLC to sell the property for maximum value without further governance votes.
This voting option received 656 / 726 token votes, which is equal to 90% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3215945479
Property Updates
Now that this property has officially closed with the Title Company, The Property Manager has listed the property for rent at $1,000.
The turn technician visited the property and found that the driveway was broken up by the city.
The PM is contacting the city to get more information on what the work is for and get an ETA on repairs.
The PM is also working on turning on the gas for the property.
The gas connection is blocked by the rental registration, which is currently being processed.
An estimate is pending for the additional items below that were noted on the property inspection. The Closing Costs were increased address the issues from the Inspection Report below, post-closing. These repair costs will not be deducted from the Maintenance Reserve.
Debris in backyard and side of the house
Small piece of siding missing about front door
No address numbers on house
No mailbox
Investor Reviews
N/A/5(0 reviews)No reviews yet
Investors haven't shared their experience with this property yet.
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$1,075
Monthly Rent
$416
Monthly Expenses
$659
Net Monthly Cash Flow
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.
About this offering
Returns
Monthly Operating Statement
Order book
Trading has not opened yet
The order book appears once this property reaches the secondary market and investors can place buy and sell orders.
Share price
6746 Westwood St
Detroit, MI 48228
About
Property originally listed for sale on the marketplace by Dua Al-Zayadi.
Click here to learn more about how third parties sell their properties on the Lofty Marketplace.
Updated as of 7/14/2025:
The Operating Reserve balance 3,147.75 which is above half full.
Owners voted to apply 50% of cash flow until the reserve is full ($5,000).
Based on the projected monthly cash flow ($658.64) if the tenant pays their balance, it will take ~5.3 months for the reserve to be full.
The Operating Reserve balance is part of the property value. As a result, the property will increase in value as the Operating Reserve is replenished.
Single Family Home renovated in Spring/Summer of 2022.
Details
- Close to schools, freeways, and shopping centers such as Walmart, Home Depot, and Target
- The main floor features a fully updated living room, kitchen and bathroom
- Click here to see a 360° view of the property
- The Closing Costs have been increased to account for repairs which will be made post-close. View the Inspection Report Repairs document for more details.
- Evernest is holding $951.88 in operating cash for this property to cover unpaid bills from other properties. The Operating Reserve balance reflects what it will be once the funds are released, since these funds are owed to the property. Once the outstanding bills are settled, the cash will be transferred. Learn more here.
Property Management and Insurance
- Managed by Whalec Property Management
- Insurance Policy through Obie Insurance
Occupancy Status (Delinquent)
- Tenant owes a balance of $2,257.50
- 1 year lease (10/30/2024 - 10/30/2025)
- $1,075/month
- $1,612.50 Security Deposit
- Lease Agreement
Location Data
Due Diligence Documents
Property Management
Property Manager
Property manager details coming soon.
Due Diligence Documents
Offering Details
The Market
Detroit, MI
Detroit, MI offers a mix of neighborhood livability, local employment centers, and day-to-day amenities that support long-term housing demand. The area benefits from access to major commuter routes, schools, and retail services, while continuing to attract residents looking for affordability and convenience. As population and job activity remain steady across the broader region, rental demand is generally supported by both local households and in-migration trends.
Property Updates
Governance Results for 6746 Westwood St:
The Governance Voting results are back for the owner proposed vote.
The winning vote is:
YES – Authorize Alec VanBeek / Whalec Property Management LLC to sell the property for maximum value without further governance votes.
This voting option received 656 / 726 token votes, which is equal to 90% of the total votes.
The voting results can be found on chain here or by searching the application ID: 3215945479
Property Updates
Now that this property has officially closed with the Title Company, The Property Manager has listed the property for rent at $1,000.
The turn technician visited the property and found that the driveway was broken up by the city.
The PM is contacting the city to get more information on what the work is for and get an ETA on repairs.
The PM is also working on turning on the gas for the property.
The gas connection is blocked by the rental registration, which is currently being processed.
An estimate is pending for the additional items below that were noted on the property inspection. The Closing Costs were increased address the issues from the Inspection Report below, post-closing. These repair costs will not be deducted from the Maintenance Reserve.
Debris in backyard and side of the house
Small piece of siding missing about front door
No address numbers on house
No mailbox
Investor Reviews
N/A/5(0 reviews)No reviews yet
Investors haven't shared their experience with this property yet.
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$1,075
Monthly Rent
$416
Monthly Expenses
$659
Net Monthly Cash Flow
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.