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Owner finance

$49,900

5672 Saint Clair St

Detroit, MI 48213

Beds3
Baths1
Sq ft800
Year built1919
Rent estimate$1,085/mo
Listed by

Derek C Lievens, Market Elite Inc · (586) 251-0291

What the listing says

Opportunity is knocking with this solid home that s ready for its next chapter. Offering great bones and plenty of potential, this property is in good enough condition that it wouldn t take much to complete and make it truly shine. Whether you re an investor looking for your next value add project or a homeowner wanting to customize a home to your taste, this is a chance to create equity without taking on a major renovation. Conveniently located near major highways, schools, parks, shopping, and everyday amenities, this home combines location with opportunity. Bring your vision, add the finishing touches, and unlock its full potential. 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, 20,000 DOWN PAYMENT, 8% INTEREST, 72 MONTH TERM. 789 / 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

2,613.6 sq ft

HOA

None

More owner-financed homes near Detroit

Questions about owner financing in Detroit

What is owner financing for 5672 Saint Clair St?

Owner financing means the seller of 5672 Saint Clair St 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.

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