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🎯 This Week's Deals: High-Yield REOs with Clear Exits

🎯 This Week's Deals: High-Yield REOs with Clear Exits

$53/sq ft foreclosure + lake-view property with RV income potential + instant $39K equity play

Jun 23, 2025
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🎯 This Week's Deals: High-Yield REOs with Clear Exits
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This week's deals include a 4-bed foreclosure at $53/sq ft on a quarter-acre, a newer 3-bed at 60% of market value, a lake-view property with RV income potential, and a renovated Phoenix bungalow with instant $39K equity.

Pure square footage arbitrage with clear value-add paths — whether you're targeting high-yield rentals, running BRRRRs, or positioning for short-term rental conversion.

Free readers get the Phoenix bungalow with instant equity. Paid members get all four


Distressed Deals of The Week

🏚️ 4-Bed Single-Family at $53/Sq Ft This foreclosed home offers 2,800+ sq ft across 4 bedrooms on a massive quarter-acre lot, all for under $155K.

With rent potential topping $2,250/mo, this is pure square footage arbitrage for investors seeking high-yield Arizona opportunities with serious expansion upside.

🛠️ 3-Bed Cash Flow at $184/Sq Ft Newer construction 3-bed home with 1,300+ sq ft on premium 0.3-acre lot — bank-owned and ready for immediate acquisition.

Light positioning brings rents to ~$1,575/mo, creating a low-maintenance BRRRR opportunity with incredibly low tax burden boosting cash flow.

🏡 Lake-View Property Under $185/Sq Ft Updated 3-bed home with 1,400+ sq ft, stunning water views, RV parking, and attached garage — fresh foreclosure pricing.

At $252K, premium location amenities and tourism rental potential drive massive yield upside — perfect for short-term rental conversion or traditional hold.

🧱 Historic Phoenix Bungalow at $279/Sq Ft with Bank Discount Renovated 1940s home with 950+ sq ft, updated kitchen, new plumbing, and large lot, bank asking $39K below auction price.

Stabilized rents near $1,620/mo in central location leave plenty of margin for additional improvements — a clean turnkey play with instant equity cushion.


1329 W Camino De La Paloma, Nogales, AZ 85621

🏚️ Foreclosed single-family home featuring 4 beds, 2 baths across 2,847 sq ft — listed at just $53/sq ft on a massive 0.24 acre lot.

Built in 1970, this stucco and brick home sits on a sprawling 10,454 sq ft parcel with carport parking, offering tremendous value in the Nogales market — bank-owned and ready for immediate acquisition.

💡 Pro Tip: You're getting nearly 3,000 sq ft of living space plus a quarter-acre lot for just $152K. The Rent Zestimate of $2,253/mo suggests strong cash flow potential — that's nearly 18% gross rental yield at asking price.

💰 Financial Snapshot

  • Est. Market Value: Not available (no Zestimate)

  • Purchase Status: Bank-owned foreclosure, REO property

  • Current Ask: $152,306

  • Layout: 4 bed / 2 bath single-family

  • Building Size: 2,847 sq ft

  • Lot Size: 10,454 sq ft (0.24 acres)

  • Year Built: 1970

  • Price per Sq Ft: $53

  • Rent Zestimate: $2,253/mo

  • Annual Taxes: $1,106

  • HOA: None

⚠️ Heads Up

Property has been on market for 112 days with only 1 save — potential red flags to investigate.

Evaporative cooling may need upgrading for tenant appeal.

No interior photos or condition details provided — full inspection critical.

🏆 Best Play Ideal for:

Buy-and-hold investors seeking high-yield Arizona properties.

House hackers looking for oversized lots with expansion potential.

Flippers comfortable with border market dynamics.

Why it works:

Massive lot offers future development or ADU opportunities.

$53/sq ft is deeply discounted for Arizona single-family market.

Rent-to-price ratio of 1.48% suggests strong cash flow fundamentals.

Bank ownership means clean title and motivated seller for quick close.

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