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48228, MI

48228, MI

48228, MI

$59,900 · DETROIT, MI 48228
Works for landlords · Flippers would lose money

Available

$59,900Asking price

3 bd · 1 ba · 849 sq ft · built 1945

DETROIT, MI 48228

No contract on file

via InvestorLift Classic

Listed 18 hours ago

Works for landlords

Flippers would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $90,000
Asking price: −$59,900
RepairsMiddle of the seller’s $20,000 – $30,000. Ours: $26,500 – $47,500: −$25,000
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$6,558
Profit−1.6% of ARV · flippers want 10%+: −$1,458
Loses money

Works for a flipper at $50,000 or less.

QUICK SELL DETROIT

Sean Potts

No reviews yet

Comps

Sales

Rents

ARV $90,000

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 48228

Within walking distance of Mackenzie Elementary-Middle School and McFarlane Elementary School

Property Details:

Bd/Br: 3Br & 1Ba
Living Area: 849
Lot size: 0.10 acres
Year Built: 1945

FINANCIAL DETAILS

Purchase Price: $59,900
67% of ARV
ARV: $90,000
EMD: 5K
Price per Sqft: $106

Comps

8897 Hartwell St Sold - 105K on 07/08/26 | Price per Sqft: $97 | 1,080 Sqft | 3Br & 2Ba
8021 Hartwell St Sold - 115K on 07/20/26 | Price per Sqft: $104 | 1,097 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 $90,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

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Investorlift
MI
Detroit
48228
DETROIT, MI 48228

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