Investment Potential:
This property presents a unique low-entry investment opportunity with multiple profitable exit strategies, making it ideal for both new and experienced investors. With an asking price of $54,900 and an ARV of $115,000, the spread allows for a clean, manageable renovation with strong upside. The home offers a practical 3-bedroom layout with a straightforward footprint that supports efficient updates to flooring, kitchen, bath, and interior finishes without requiring a heavy construction scope. This makes it a perfect candidate for a fast, cost-controlled remodel that can quickly elevate the property to retail-ready condition or rental standards.
From a numbers standpoint, the deal performs well across strategies. A fix-and-flip investor can renovate and resell near the $115K ARV, creating solid margin potential with a moderate rehab. For buy-and-hold investors, market rents around $1,100 per month offer strong cash-flow potential relative to the acquisition price. After renovation and stabilization, the property supports a refinance strategy that can return a significant portion of invested capital while retaining a performing asset. With its affordable entry point, flexible exit options, and consistent rental demand in the area, this deal offers a versatile and scalable investment opportunity.
Asking Price: $54,900
ARV: $115,000
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SHOWING: Friday, March 6th at 12:00 PM
Details:
✅ 3 Bedrooms / 1 Bathroom
✅ 715 sq. ft.
✅ Lot Size: 5,227 sq. ft.
✅ Year Built: 1944
✅ One-Car Garage / Driveway parking
✅ Full Basement
📅 Closing: By 03/26/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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📞 Call/Text: 248-838-0975
📧 Email: office@reidailydeals.com