Investorlift

$129,900 · DETROIT, MI 48223
Works for flippers · Landlords would lose money

Available

$129,900Asking price

3 bd · 1.5 ba · 1,835 sq ft · built 1935

DETROIT, MI 48223

Contract on file

via InvestorLift Classic

1 view · listed Oct 15

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $290,000
Asking price: −$129,900
RepairsMiddle of the seller’s $10,000 – $15,000. Ours: $0 – $18,000: −$12,500
Loan, holding, closing20% down, 12% interest, 2 points, 65 days: −$16,896
Profit45.1% of ARV · flippers want 10%+: $130,704
Works

Works for a flipper up to $225,000.

QUICK SELL DETROIT

Sean Potts

No reviews yet

Comps

Sales

Rents

ARV $290,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

QUICK SELL DETROIT

Sean Potts

No reviews yet

Seller Description

ATTENTION INVESTORS

Detroit, Michigan 48223

Tenant is on a month to month lease agreement. Lease and Ledger available upon request.

Within walking distance of USPS and Stoepel Park

Property Details:

Bd/Br: 3Br & 1.5Ba
Living Area: 1,835
Lot size: 0.14 acres
Year Built: 1935

FINANCIAL DETAILS

Purchase Price: $129,900
45% of ARV
ARV: $290,000
EMD: 5K
Price per Sqft: $158

Comps

15093 Stahelin Ave Sold - 325K on 06/08/26 | Price per Sqft: $171 | 1,900 Sqft | 3Br & 3Ba
14550 Glastonbury Ave Sold - 288K on 02/02/26 | Price per Sqft: $159 | 1,802 Sqft | 3Br & 1Ba

Contact Sean for questions

E: sean@quickselldetroit.com

P: (586) 900-8484

View photos & videos and Make your move now!

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ARV $290,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $104,000.

The sales behind this value are shown to members.

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Investorlift
MI
Detroit
48223
DETROIT, MI 48223

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