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.