29865 Newport Dr, Warren, MI 48088

A Great Investment Opportunity in Warren, MI Property Details A classic single-family house featuring 4 bedrooms, 2 bathrooms, and 3,169 sqft of living space on a 10,019 sqft lot with a 2-car detached garage. • Roof: Old • Furnace: Fair • AC: N/A • Plumbing: Old • Electrical Panel: Old • Water Heater: Old The property will be delivered vacant at closing. Investment Highlights • Rent-ready condition with sitting tenant currently paying $1,750/month, willing to increase to $2,000/month upon lease renewal • Strong ARV range of $280,000-$290,000 with high confidence level (9/10) supported by comparable sales of $277,000-$290,000 • Very competitive market (Redfin Score: 82/100) with homes selling for 2% above list price in approximately 25 days on average • Solid brick and aluminum exterior requiring low long-term maintenance in established Riviera Sub neighborhood • High buyer interest demonstrated by average of 34 interested buyers per deal in this zip code with 100% sales success rate • B-rated Warren Woods school district with proximity to major employers (Stellantis Tech Center, Amazon, GM) • Market rent potential of $2,000-$2,200/month providing strong cash flow opportunity • Spacious 1.5-story layout with finished basement offering excellent value at 3,169 sqft total finished area Financial Summary • ARV (After Repair Value): $280,000 - $290,000 A Wonderful Wholesale Opportunity!