$75,000 · LANSING, MI 48906
Works for flippers · Works for landlords

Available

$75,000Asking price

3 bd · 1 ba · 938 sq ft · built 1937

LANSING, MI 48906

Contract on file

via InvestorLift Classic

3 views · listed 4 hours ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $225,000
Asking price: −$75,000
RepairsMiddle of the seller’s $40,000 – $50,000. Ours: $26,500 – $48,000: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$11,739
Profit41.4% of ARV · flippers want 10%+: $93,261
Works

Works for a flipper up to $141,000.

NEIMAN GROUP LLC

Chris Tramantiny

No reviews yet

Comps

Sales

Rents

ARV $225,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $38,000.

The sales behind this value are shown to members.

ARV $225,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEIMAN GROUP LLC

Chris Tramantiny

No reviews yet

Seller Description

Property Overview:

Single Fam 1-Story Ranch

3 Bed | 1 Bath | 938 Sq Ft | Lot: 38,333 SqFt with carport + garage parking

Occupancy: Tenant-occupied — delivered vacant at closing

Moderate Rehab

Exit:

Fix & Flip: High-demand small-footprint 3/1 ranch on nearly an acre in DeWitt Township. Clean cosmetic and mechanical updates support $215,000 ARV

BRRRR / Buy & Hold: Strong rental demand in 48906 with 3-bedroom single-family homes renting around $1,287/mo, offering solid cash flow and low township property taxes.

Asking $75,000