What does the deal grade mean?

A-F grading based on strategy-specific metrics. A = Exceptional (90+), B = Strong (80-89), C = Acceptable (70-79), D = Marginal (60-69), F = Not recommended (<60).

How is the 70% rule calculated?

Maximum Allowable Offer = (ARV × 70%) − Repairs. This conservative ceiling helps avoid overpaying. Adjust the percentage for your market risk tolerance.

Can I adjust repair estimates?

Yes. All inputs are editable including repair costs, ARV, purchase price, and financing terms. Advanced options include holding costs, taxes, and insurance.

What financing options are available?

The calculator supports cash, hard money, private money, and conventional financing. Adjust interest rate, points, down payment, and loan term in the inputs.

How accurate is this analysis?

This is an educational screening tool using industry-standard formulas. Always verify repair estimates with contractors, title with a title company, and taxes with a CPA.

Ecorse, MI 48229

Q: How is the 70% rule calculated?

Maximum Allowable Offer = (ARV × 70%) − Repairs. This conservative ceiling helps avoid overpaying. Adjust the percentage for your market risk tolerance.

Q: Can I adjust repair estimates?

Yes. All inputs are editable including repair costs, ARV, purchase price, and financing terms. Advanced options include holding costs, taxes, and insurance.

Q: What financing options are available?

The calculator supports cash, hard money, private money, and conventional financing. Adjust interest rate, points, down payment, and loan term in the inputs.

Q: How accurate is this analysis?

This is an educational screening tool using industry-standard formulas. Always verify repair estimates with contractors, title with a title company, and taxes with a CPA.

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Property specifications

Home details as listed · verify independently

Property type: House
Bedrooms: 3
Bathrooms: 1
Living area: 1,232 sq ft
Year built: 1910
Lot size: 0.07 acres
Lot area: 3,049 sq ft
Parking: Street
A/C: Electric
Construction: Any
Occupancy: Vacant

Rehab level

Complete

Full listing copy (as provided)

# A Great Investment Opportunity in Ecorse, MI ## Property Details A classic single-family house featuring 3 bedrooms, 1 bathroom, and 1,232 sqft of living space on a 3,049 sqft lot with parking information not available. • Roof: Not specified • Furnace: Gas forced-air furnace present, serviced • AC: Not specified • Electrical Panel: Updated panel already in place • Plumbing: Repairs completed including fixture supply sets • Water Heater: Replaced with new 50-gallon gas unit The property will be delivered vacant at closing. Investment's Highlights: • Solid brick exterior construction • Two-story colonial layout • 3-bedroom, 1-bathroom • 1,232 sq ft of above-grade living space • Full unfinished basement for added usable space • Original hardwood floors throughout living areas and bedrooms • Classic early-century character with stained wood trim, original doors, and architectural details • Updated electrical panel already in place • Forced-air gas furnace and ductwork present • Detached garage and off-street driveway parking • Fenced yard • 3,049 sq ft lot (0.07 acres) • Located at 31 Ridge St, Ecorse, MI • Downriver Detroit location in Wayne County • Quick access to W Jefferson Ave, the Detroit River, and I-75 • Rent estimated at $1,500 per month • Comp in similar condition sold for $87,000 • Priced-to-move wholesale opportunity with value-add upside • Versatile for entry-level retail flip or long-term rental hold

Investment notes

This opportunity in Ecorse, MI is offered at an asking price of $34,900 as shown on the card. After repair value (ARV) is shown as about $45,370, which implies a gross spread of roughly 23.1 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 3 bedrooms, 1 bathroom, 1,232 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “complete.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1910; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Contact runs through a marketplace inquiry path here—use it as your first line while you comp the deal on your own. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.

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Investor resources

Timeline

Posted Aug 24, 2026 · Updated Aug 24, 2026

Strategy: Wholesale

Investment opportunity

Price

$34,900

ARV

$45,370

Always verify numbers and condition with your own diligence.

Seller

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Analysis FAQ

Verify pricing, condition, and title with your own diligence. This marketplace surfaces opportunities; it is not a brokerage representation.