Investment Potential:
This property presents a unique Sub-2 opportunity with extremely favorable financing in a strong Warren rental market. The home will be delivered vacant and is currently in rent-ready condition, allowing an investor to generate income immediately with little to no additional work. The layout offers a functional 3-bedroom footprint that is highly desirable for tenants, and the overall condition suggests minimal upfront capital will be needed beyond standard turnover. Combined with a low entry requirement, this creates a clean, low-friction path to both cash flow and long-term equity growth.
With an ARV of $185,000, the deal provides built-in equity while giving the buyer access to low-interest debt that is far below today’s market rates. Rental demand in the area supports high and consistent income, making this an ideal long-term hold with immediate performance and upside.
Loan & Deal Structure:• Purchase Strategy: Subject-To (Sub-2)• Current Loan Balance: $131,633.51• Interest Rate: 2.875% (Fixed)• Monthly Payment: $1,095.72• Estimated Market Rent: $1,500-$1,600/month• Estimated Cash Flow: ~$300–$400/month• Entry Fee / Cash at closing $25,000• Loan Status: Active & PerformingAdvantage: Interest rate you simply can’t get lower than in today’s market
Asking Price: $25,000
ARV: $185,000
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HOUSE ACCESS: Friday, May 15th at 12:00 PM
Details
✅ 3 Bedrooms / 1 Bathroom
✅ 891 sq. ft
✅ Lot Size: 0.29 Acres
✅ Year Built: 1941
✅ Two-car garage
✅ Full basement
📅 Closing: By 05/28/2026
🏠 Occupancy: Vacant
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome
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📞 Call/Text: 248-838-0975
📧 Email: office@reidailydeals.com