20027 Prevost St

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🔥 Detroit Value-Add Deal | Full Rehab | Strong Spread 🔥

Address: 20027 Prevost St, Detroit, MI 48235
Price: $72,000
ARV: ~$153,000

Property Overview

Solid 3-bed, 1.5-bath single-family home offering 1,138 sq ft with strong value-add potential. This is a full rehab opportunity ideal for experienced investors looking to execute a flip or long-term rental strategy.

Key Features

• 3 Beds / 1.5 Baths
• 1,138 Sq Ft
• Functional layout
• Located in active investor area

Condition & Scope

• Full interior rehab required
• Needs updates to kitchen, bathrooms, flooring, paint, and systems
• Solid structure provides strong foundation for renovation

Investment Highlights

• ~$80K+ spread to ARV
• Ideal for fix & flip or BRRRR strategy
• Located in a market with consistent investor activity
• Opportunity to fully reposition asset

Deal Potential

• Flip into the ~$140K–$160K range depending on finishes
• Rental with strong cash flow potential post-renovation
• Full value-add project with equity upside

⚡ Detroit deals with this kind of spread and entry price don’t last — move quickly
 

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Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.
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