Investorlift

48021, MI

48021, MI

48021, MI

$62,500 · DETROIT, MI 48205
Works for flippers · Works for landlords

Available

$62,500Asking price

3 bd · 2 ba · 1,500 sq ft · built 1948

DETROIT, MI 48205

Contract on file

via InvestorLift Classic

4 views · listed 4 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $165,000
Asking price: −$62,500
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $46,500 – $84,000: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$9,041
Profit35.4% of ARV · flippers want 10%+: $58,459
Works

Works for a flipper up to $101,000.

QUICK SELL DETROIT

Sean Potts

No reviews yet

Comps

Sales

Rents

ARV $165,000

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 48205

Within walking distance of The Home Depot and Harper Woods High School

Property Details:

Bd/Br: 3Br & 2Ba
Living Area: 1,500
Lot size: 0.12 acres
Year Built: 1948

FINANCIAL DETAILS

Purchase Price: $62,500
38% of ARV
ARV: $165,000
EMD: 5K
Price per Sqft: $110

Comps

15271 Collingham Dr Sold - 178K on 06/16/26 | Price per Sqft: $126 | 1,408 Sqft | 3Br & 1Ba
16678 Collingham Dr Sold - 136K on 06/30/26 | Price per Sqft: $100 | 1,351 Sqft | 3Br & 2Ba

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 $165,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $68,000.

The sales behind this value are shown to members.

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Investorlift
MI
Detroit
48205
DETROIT, MI 48205

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