Available
$60,000(ARV: $150,000)40% of ARV

Wayne County, Detroit, MI 48223

4 bd2 ba1,029 sfBuilt 1922

1 day ago

Gross spread$90,000

Description

Detroit Move-In Ready Investment Opportunity – $60K! Great cash-flow potential with this move-in ready Detroit property needing only a little TLC. Priced at just $60,000, with an estimated 58% CoC return and potential Section 8 rent of approximately $1,630/month. A strong opportunity for investors looking for affordable entry and solid rental potential! CALL OR TEXT CHELLE AT [contact details hidden]! Deal Type: Cash Purchase price: $60,000 ARV: $150,000 HUD Rent: $1,630 Bed: 4 - Bath: 2 Living sqft: 1029 Year built: 1922 FULL LISTING: [contact details hidden] LINK TO PHOTOS: [contact details hidden]

$/sqft vs market

This deal$58/sqft
Market median$111/sqft
Difference47% below

Median of 10 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms2
Square feet1,029
Lot size4,356 sf
Year built1922
ConditionLight Rehab
OccupancyVacant
ParkingGarage

Systems & condition

Roof age1-3 yrs
HeatingFurnace · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing20
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