Investment Potential:
Priced at $39,900 with an estimated ARV of $110,000, this 4-bedroom Detroit property offers a low entry point, strong equity potential, and immediate rental income. The home is presented in good condition and is being sold with a tenant in place paying $800 per month, allowing an investor to generate cash flow from day one.
An investor can continue operating the property as a long-term rental while making improvements as permitted under the existing tenancy, or pursue a future renovation and resale after the lease and occupancy terms allow. The 1,323-square-foot layout, four-bedroom count, and substantial purchase-to-ARV spread provide multiple ways to create value.
Asking Price: $39,900
ARV: $110,000
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Details
✅ Single Family
✅ 4 Bedrooms / 1 Bathroom
✅ 1,323 sq. ft.
✅ Lot Size: 5,009 Sq. Ft.
✅ Year Built: 1927
✅ Garage: Detached Garage
✅ Basement: Partially Finished
✅ Strong Fix & Flip / Rental Opportunity
📅 Closing: By 10/29/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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