Deal summary

Section 8 SFH in Detroit, MI 48205 – $65,000

3 bed · 1 bath · 1235 sqft · built 1930 · Wayne County

This Detroit property has an ARV of approximately $140K and needs around $20K–$30K in repairs to become rent-ready. Once completed, it has potential Section 8 rent of approximately $1,590/month, with an estimated 44% CoC return. A solid value-add opportunity for investors looking for both cash flow and appreciation potential.

HUD rent $1,590/mo · est. rehab $20,000