The Flip Potential of 17605 Stansbury St Detroit, MI 48235 is medium.
Current Specs
3 Bed / 2 Bath
1,572 sqft
$52 per sqft
Estimated Value$81,000
Flip Advice
The property at 17605 Stansbury St in Detroit has moderate flip potential. It's a 3-bed, 2-bath single-family home built in 1940, recently sold for $75,000 and listed at $81,000. The home's 1,572 sqft and corner lot location are positives, but it's in an area with lower median home values of $125,000.
Consider a light renovation focused on cosmetic updates to kitchen, bathrooms, and curb appeal to maximize ROI. Target a quick turnaround to capitalize on the low purchase price. However, be cautious of overimproving for the neighborhood. Aim for a sale price around $100,000-$110,000 to achieve a modest profit after renovation costs and closing fees.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 17605 Stansbury St: