TURNKEY INVESTOR OPPORTUNITY

19139 Danbury St, Highland Park, MI 48203

$80,000 After Repair Value -
$55,000 Asking Price -
$10,000 Cost of Repairs =
$15,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $80,000

Costs of Repairs $10,000

Potential Profit $15,000

Living Area 1035 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $14,400

Yearly Expenses $5,040

Property Taxes $1,100

Net Operating Income $8,352

Cap Rate 13.9

Property Description

• Clean, move-in ready 2-bed / 1-bath single-family home in Highland Park, MI 48203
• Approx. ~1,035 sq ft with a full basement that offers storage or future finish potential
• Interior shows fresh finishes: laminate or newer floors, updated kitchen and bath, a dedicated laundry area
• Outside features a fenced yard with vinyl fencing — great for privacy and outdoor space
• Roof and attic are structurally sound now, but buyer should plan for replacement or major maintenance in ~3-5 years (~$9K-$10K budgeted)
• Huge upside for owner-occupier or landlord who wants a solid property at a strong value

Repairs Needed

• Roof and attic are structurally sound now, but buyer should plan for replacement or major maintenance in ~3-5 years (~$9K-$10K budgeted)

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