23 photos
$55,000
12257 W Jeffries Fwy
Detroit, MI 48204
Derek C Lievens, Market Elite Inc · (586) 251-0291
What the listing says
A true value-add opportunity with serious upside. This spacious home is ideal for investors or buyers ready to customize and build equity with their own vision. Located near major highways, schools, parks, and shopping, it offers strong convenience and long-term potential. Don t miss your chance to transform this property into something special schedule your private showing today. Purchaser to pay 395 processing fee. As-is sale. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 65,000 PURCHASE PRICE, 25,000 DOWN PAYMENT, 8% INTEREST, 60 MONTH TERM. 811 / MONTH. seller financing/land contract terms are negotiable.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Single Family
Lot Size
4,791.6 sq ft
HOA
None
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Questions about owner financing in Detroit
What is owner financing for 12257 W Jeffries Fwy?
Owner financing means the seller of 12257 W Jeffries Fwy acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Detroit, MI home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Detroit home?
There is no standard down payment. The seller of this Detroit home sets their own, and it is negotiable. Ask the seller or their agent.