🔥 Fire Sales: 51% Yields, $9/Sqft & Instant Equity Gaps
Separately metered units + rock-bottom pricing = cash flow goldmine for rehab specialists.
This week's opportunities include a 4-unit Cumberland foreclosure delivering a 51% gross yield.
Plus a Historic District townhouse at $54,900 generating 31% potential returns.
Also a HUD-owned 5BR Rosemont property with $1,738/month rent potential.
And a craftsman fixer-upper showing 16% yields in Cumberland's rental corridor.
Free readers get the fire-sale foreclosure breakdown.
Paid subscribers get all 4 distressed property deals.
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Distressed Deals of The Week
🔥 Fire Sale
$29,900 ask on a $104,900 Zestimate
$75K instant equity gap on this 4-unit foreclosure.
💎 Hidden Gem
Overlooked opportunity in Franklin Square's appreciation corridor.
4-level townhouse + $1,427/month rent potential = 31% gross yield for investors comfortable with ground rent quirks.
💰 Cash Flow King
Section 8 goldmine in transit-connected Rosemont neighborhood.
$1,738/month rent estimate + 26.7% gross yield = immediate income stream for Baltimore rental specialists.
😲 Yield Monster
Rare sub-$90K entry point in Cumberland's stable West Side corridor.
1920s character + $1,200-$1,400 rent potential = 16% yield opportunity for sweat equity investors only.
523 Greene St, Cumberland, MD 21502
$29,900 | 6 beds | 4-unit multi-family | 3,438 sqft
🏚️ Fire-sale foreclosure in Western Maryland.
Front house = two 2BR units.
Rear house = two 1BR units with separate electric meters.
At $29.9K ask against a $104.9K Zestimate, this is priced at just $9/sqft.
One of the cheapest multi-families in the state.
💡 Pro Tip:
Price gap: $29.9K ask vs $104.9K Zestimate = instant paper equity
$1,292 Rent Zestimate = 51%+ potential gross yield if stabilized
Rear units already separately metered = low CapEx to split utilities)
💰 Financial Snapshot
Est. Market Value: $104,900 Zestimate
Current Ask: $29,900
Last Sale: Bank took back at $79,142
Layout: 4 units
Building Size: 3,438 sqft
Lot Size: 6,805 sqft
Year Built: 1903
Price per Sq Ft: $9
Rent Zestimate: $1,292/mo
Gross Yield: 51.8%
Annual Taxes: $2,376
⚠️ Heads Up
“Sold As-Is” with severe safety issues
No utilities on for inspections—hidden mechanical risks
Will not qualify for financing → cash only
Tax assessment far higher than ask (reassessment likely upward if stabilized)
🏆 Best For:
Cash buyers comfortable with heavy rehab
Value-add specialists seeking ultra-low basis
Section 8 or workforce housing operators
Why it works:
Buy at $30K, worth $105K = instant equity.
Rehab + rent = 20%+ cap rate potential.
Separately metered units = easy cash flow ops.