Priced at just $24,900 with an estimated ARV of $115,000, this 4-bedroom, 2-bath Detroit property offers a low entry point and substantial value-add potential. The home requires renovation, but its 1,200-square-foot layout and desirable bedroom-and-bathroom count provide a strong foundation for repositioning.
With controlled renovation costs, an investor can capitalize on the purchase-to-ARV spread through a profitable fix-and-flip or prepare the property for long-term rental income. Its location within the 48205 area and affordable acquisition price create flexibility for multiple exit strategies.