Deal summary

Section 8 SFH in Detroit, MI 48205 – $68,000

3 bed · 1 bath · 900 sqft · built 1937 · Wayne County

Off-market BRRRR opportunity in Detroit, featuring a vacant 3BR/1BA home with approximately 900 SF and an estimated $100K ARV. The property needs only around $5,000 in cosmetic updates, including paint, flooring, light fixtures, and minor door/window work, creating an estimated $27K gross profit potential. With projected rent of $1,188/month, investors can target approximately $311/month in cash flow and a 20.09% cash-on-cash return based on the provided DSCR assumptions. Recent nearby 3BR/1BA sales range from $112K–$117.5K, supporting the potential upside.

HUD rent $1,188/mo · est. rehab $5,000