Ray Morgan Investments LLCRay Morgan Investments LLC
🚨 DETROIT DEAL – LIGHT REHAB / RENT READY 🔥 VACANT
📍 Prest St, Detroit, MI 48228
💰 Price: $39,995 (CASH ONLY)
⚡ AS-IS | FAST CLOSE AVAILABLE
This is a cleaner Detroit deal with major updates already done — perfect for a quick flip or cash-flow rental.
🏚 Property Highlights:
• Approx. 954 Sq Ft
• Single Family Home
• Solid layout in established neighborhood
✅ Recent Updates:
• Central AC & Heat
• New Furnace
• New Bathroom
• Roof only 2 years old
⚠️ Notes:
• Garage needs work
• Minor finishing / cosmetic touches depending on exit strategy
📊 COMPS & VALUE PLAY:
• Nearby homes selling for $70K – $120K+ depending on condition
• Updated homes on/near Prest St pushing $100K+
👉 ARV Potential: $90K – $120K+
💰 RENT STRATEGY:
• Estimated rents: $1,100 – $1,400/month
• Strong Section 8 demand in this area
• Great long-term cash flow opportunity
🔥 WHY THIS DEAL IS STRONG:
• Major systems already updated (BIG savings)
• Light rehab compared to most Detroit inventory
• Buy at $39K with built-in equity
• Multiple exit strategies (flip or hold)
🚫 Cash or Hard Money Only
🚫 No wholesalers / no daisy chains
📲 Ready to lock it up?
Call/Text Shaun Holyfield – (850) 353-3661
4 Bedrooms | 2 Baths | 4,144 ft
3 Bedrooms | 2 Baths | 2,034 ft
