Owner
$229,245
1536 GLYNN CT, DETROIT, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
3
sq. ft.
3,000
property type
Duplex (2 units, any combination)
hoa
No
About
Residential
Building Quality C
Living Area
Garage
2 Stories
Unspecified Basement
Hot Water
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1918
Building Size
3,000 sq ft
Lot Size
4,356 sq ft
Lot Size (Acres)
0.10 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
06002675.
County
Wayne County, Michigan
Metro Area
Detroit-Warren-Dearborn, MI
Zoning
R3
Neighborhood/Subdivision
WILLIAMS
Lot Number
—
School District
Detroit City School District
Legal Description
N GLYNN CT E 27.46 FT 42 W 10 FT 43 WILLIAMS SUB L26 P81 PLATS, W C R 6/178 37.46 X 117
Tax & Value Information
Market Value (Total)
$97,400
Building Value
$0
Land Value
$97,400
Annual Property Tax
$2,156
Tax Assessment Year
2025
Assessed Value
$48,700
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$8,871
Return on Investment
15.60%
After Repair Value
$252,170
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$206,321
Renovation Cost
$11,462
Closing Costs (buying)
$4,126
Holding Costs
$6,260
Selling Costs
$15,130
Total Investment
$56,853
After Repair Value (ARV)
$252,170
Total Costs
$243,299
Estimated Profit
$8,871
Cash Invested
$52,726
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area