6612 Buckingham Ave, Allen Park, MI 48101, USA For Sale

  • $30,000
  • 3 beds
  • 1 baths
  • 925 sqft

Investment Potential:
This Allen Park Sub-2 opportunity offers a rare combination of low entry cost, strong financing terms, and immediate rental upside in a highly desirable Downriver market. The property features a functional 3-bedroom layout with solid rental appeal and long-term hold potential for both BRRRR and cash flow investors. With a fixed 3.25% interest rate already in place and a manageable monthly PITI payment of approximately $1,100, this creates an attractive spread against estimated market rents of around $1,600/month. The home presents a clean path to stable cash flow while also giving investors the advantage of taking over debt far below today’s market financing rates.

With an ARV of approximately $190,000 and only $30,000 cash required at closing, this deal provides significant leverage and long-term equity growth potential without the burden of high-interest financing. The Sub-2 structure makes this an ideal low-friction investment for buyers looking to secure long-term appreciation, consistent rental income, and favorable debt terms that are nearly impossible to find in the current market. This is the type of creative finance opportunity that allows investors to scale portfolios efficiently while keeping acquisition costs low and preserving capital for future deals

Loan & Deal Structure:
• Purchase Strategy: Subject-To (Sub-2)
• Current Loan Balance: $126,636.71
• Interest Rate: 3.25% (Fixed)
• Monthly Payment (PITI): Approx. $1,100/month
• Estimated Market Rent: Approx. $1,600/month
• Estimated Cash Flow: ~$400–$500/month
• Entry Fee / Cash at Closing: $30,000
• Loan Status: Active & Performing
Advantage: Secure a low fixed interest rate far below today’s market financing while stepping into immediate cash flow and long-term equity growth potential.

Asking: $30,000
ARV: $190,000
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HOUSE ACCESS: Monday, June 8th at 12:00 PM

Details

✅ Single Family – 3 Bedrooms / 1 Bathroom
✅ 925 sq. ft
✅ Lot Size: 4,791 sq. ft.
✅ Year Built: 1939
✅ Full Basement
✅ Two-Car Garage
✅ Vacant at Closing
✅ Subject-To (Sub-2) Opportunity
✅ 3.25% Fixed Interest Rate
✅ Estimated Rent: ~$1,600/month
✅ Estimated Cash Flow: ~$400–$500/month

📅 Closing: By 06/24/2026
💵 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

Price:
$30,000
Address:
6612 Buckingham Ave
Allen Park, MI 48101
Square Feet:
925
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1939
Basement:
Full Basement
Const. Type:
Single Family
MLS #:
OFF

Call 248-838-0975 for more details

Property Location