Buy & Hold (Single Family): 12021 W. Outer Dr, Detroit, MI 48223 + $52,000
- Promise Land Realty
- Feb 23
- 2 min read
Updated: 5 days ago
Single Family Investment Opportunity
Price
$52,000
OFF-MARKET DETROIT BRICK OPPORTUNITY
12021 W Outer Dr, Detroit, MI 48223
Asking: $52,000
Solid brick 3-bedroom single-family home located on highly desirable W Outer Drive. Approximately 1,000 square feet with 1 full bath, ideal for investors looking for a light rehab project in a strong rental corridor.
This property offers excellent upside for buy-and-hold landlords or fix-and-flip operators who know how to control renovation costs. Brick exterior provides long-term durability and lower maintenance compared to frame properties. With the right cosmetic updates and minor improvements, this home has the potential to generate strong rental income or resale value.
Located in Northwest Detroit, this area continues to see steady rental demand and investor activity. Perfect for Section 8 or market-rate rental strategy once stabilized.
Property Highlights:
3 Bedrooms
1 Bathroom
Approx. 1,000 SF
Solid Brick Construction
Light Rehab Opportunity
Strong Rental Pocket
At $52,000, this is positioned attractively for investors seeking value-add inventory in Detroit.
Schedule Walkthrough Upon Request
Submit all offers directly to: investments@promiselandrealtyllc.com
Serious inquiries only. Proof of funds required prior to walkthrough or financial release.
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
The #1 Source for Off Market Real Estate.
PROMISE LAND REALTY LLC
Work: 864-762-2509
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