🎯 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
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.