💰 This Week’s Deals: Dirt-Cheap REOs & Fast Cash Flow
Land, leverage, and clean titles — all under $50K
This week’s deals are for buyers who thrive on low buy-ins and big bounce-backs: a $14.9K REO with land value alone worth the price, a garage-equipped 3-bed with quiet street appeal, a $30K 2-bed perfect for sweat equity, and a $44K colonial ripe for cash-flow conversion.
From under-$10/sq ft land grabs to rent-ready rehab plays, this batch is all about entry points, upside, and long-game potential.
Free readers get the $14.9K REO. Paid members get all four.
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
🏚️ Fixer with Land and Rock-Bottom Pricing
This 2-bed, 2-bath sits on nearly ¾ of an acre and is listed at just $14,900 — that’s under $9/sq ft for 1,686 sq ft of space.
A true no-entry REO with land value alone making it worth a look for flippers or land bankers.
🏡 Quiet Street Project with Garage and Upside
This 3-bed, 1.5-bath offers 1,568 sq ft, a detached garage, and sits on a low-traffic street — all for just $44,900.
Solid bones and light renovation needs make it a clean play for BRRRR or long-term hold.
🔨 2-Bed Starter at Just $30K
Spacious layout, deep backyard, and a full basement — this 1,008 sq ft home is priced with renovation in mind.
Great entry point for anyone looking to build sweat equity or lock in long-term cash flow.
🏠 Colonial Near Amenities with Rent Spread Potential
This 3-bed, 1-bath foreclosure offers 1,360 sq ft and is listed at just $44,000.
A strong cash-only opportunity with upside after basic interior updates — ideal for quick rental turnaround.
3798 State Highway 23, South Plymouth, NY 13844
🏚️ Judicial foreclosure on a 2-bed, 2-bath, 1,686 sq ft home sitting on a 0.68-acre rural lot in Chenango County. Priced at just $14,900 — that’s $9/sq ft, one of the cheapest livable homes in the state.
The home needs a full gut or teardown, but for cash buyers, it's a chance to buy a lot at a fraction of its land value.
💡 Pro Tip: Skip the emotional math — this is not about the house. It’s about a sub-acre lot in a livable area at below auction pricing. Build new, modular, or land bank it.
💰 Financial Snapshot
Est. Market Value (Zestimate): Not listed
Purchase Status: REO (bank-owned)
Current Ask: $14,900
Assessed Value: $24,000
Building Size: 1,686 sq ft
Lot Size: 0.68 acres
Year Built: 1900
Price per Sq Ft: $9
Annual Taxes: $1,810
Rent Estimate: Not available
⚠️ Heads Up
Property condition is unknown and entry not allowed
Structure likely not financeable and may be unsalvageable
Heating, cooling, foundation, and utility setups are listed as "See Remarks" — assume worst
Bank won’t review offers until 7 days on market (Feb 24 list date)
🏆 Best Play
Ideal for:
Rural flippers with teardown experience
Buy-and-hold investors land banking future builds
Locals looking to modular or mobile-home the site
Why it works:
You’re buying at scrap value in a county where people still need housing. At $14,900, the dirt is more valuable than the deed. If you can mobilize fast, this is a rare under-$15K all-in play for either a flip buildout or quiet long-term land hold.