$45,000 · SAGINAW, MI 48602
Works for flippers

Available

$45,000Asking price

2 bd · 1 ba · 936 sq ft · built 1925

SAGINAW, MI 48602

No contract on file

via InvestorLift Classic

Listed Nov 1

Works for flippers

The Numbers

Sells for (ARV)From the listing: $83,000
Asking price: −$45,000
RepairsThe seller’s figure. Ours: $12,500 – $25,500: −$15,000
Loan, holding, closing20% down, 12% interest, 2 points, 66 days: −$5,341
Profit21.3% of ARV · flippers want 10%+: $17,659
Works

Works for a flipper up to $53,000.

GXP HOMEBUYERS

Andrew Gochenour

No reviews yet

Comps

ARV $83,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $52,000.

The sales behind this value are shown to members.

ARV $83,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

GXP HOMEBUYERS

Andrew Gochenour

No reviews yet

Seller Description

2 bed / 1 bath, 936 sq ft single-family home in Saginaw (48602). Built 1925 on a 0.22-acre lot with a detached 1-car garage, full basement, and screened front porch. Solid bones — needs light cosmetic rehab only: interior and exterior paint, flooring/carpet, and a kitchen and bath refresh. ARV approx. $83,000 based on renovated area sales. Strong rental market: market rent $950–$975/mo, and the Saginaw Housing Commission 2-bed Section 8 payment standard is $1,117/mo. Cash buyers only, quick close. Comps: 1511 Osborn St — $90,000 (renovated, sold May 2026); 1424 Acacia St — $86,900; 1700 Marquette St — $80,000; 1618 Greenwich St — $79,900; 1529 Beech St — $75,000.