🎯 This Week's Deals: Sub-$90K Properties with 19%+ Returns
$62K-$86K foreclosures with 19-30% gross yields — bank-owned and ready to close
This week's deals include a 4-bed historic foreclosure at $39/sq ft on 0.19 acres, a turnkey 3-bed with major updates completed, an RV-ready property with specialized tenant appeal, and a corner lot starter with 8,000 sq ft of development potential.
Pure square footage arbitrage with clear value-add paths — whether you're targeting high-yield rentals, maximizing cash flow with minimal capex, or positioning for lot development and expansion plays.
Free readers get the 4-bed with basement and loft space.
Paid members get all 4
Tired of REITs and Index Funds?
Here’s What Real Diversification Looks Like
Most private real estate deals are locked away behind big firms and bigger fees.
Wellings Capital gives accredited investors direct access to diversified commercial real estate funds targeting mid-double digit returns with monthly distributions that are not correlated to the stock market.
✔️ Rigorous 27-point due diligence on every deal
✔️ Management invests alongside you
✔️ Recession-resistant asset types: self-storage, multifamily, and mobile home parks
Learn More About How Wellings Capital's Funds Can Help You Achieve Diversification
Distressed Deals of The Week
🏰 4-Bed Historic at $39/Sq Ft
This foreclosed century home offers 2,200+ sq ft across 4 bedrooms on a sprawling 0.19-acre lot, all for under $86K.
With rent potential topping $1,880/mo, this is pure square footage arbitrage for investors seeking high-yield opportunities with basement and loft bonus space.
⚡ 3-Bed Turnkey at $69/Sq Ft
Recently updated 3-bed home with 1,100+ sq ft featuring new roof, electrical, and drywall — bank-owned and move-in ready.
Light positioning brings rents to ~$1,240/mo, creating a low-maintenance cash flow opportunity with major improvements already completed.
🚐 RV-Ready Property Under $50/Sq Ft
Updated 3-bed home with 1,300+ sq ft, RV access parking, detached garage, and full fencing — fresh foreclosure pricing.
At $62.5K, premium lot amenities and outdoor recreation rental potential drive massive yield upside — perfect for specialized tenant market or traditional hold.
🎯 Corner Lot Starter at $116/Sq Ft with Massive Land Single-family home with 945+ sq ft on nearly 8,000 sq ft corner lot, bank asking significant discount from tax value. Stabilized rents near $1,190/mo on oversized lot leave plenty of margin for additional development — a clean entry play with a lot size that allows 2 ADUs (8000 sq ft vs 4500 avg).
🏚️ Foreclosed single-family home featuring 4 beds, 2 baths across 2,214 sq ft — listed at just $39/sq ft on a generous 0.19 acre lot.
Built in 1920, this historic home sits on a sprawling 8,477 sq ft parcel with detached garage, cozy basement, and loft space, offering tremendous restoration potential in rural Nevada — bank-owned REO property ready for immediate acquisition.
💡 Pro Tip: You're getting over 2,200 sq ft of historic living space plus nearly 1/5 acre lot for just $85.5K.
The Rent Zestimate of $1,887/mo suggests 26% Yield vs 15.2% county average.
💰 Financial Snapshot
Est. Market Value: Not available (no Zestimate)
Purchase Status: Bank-owned foreclosure, REO property
Current Ask: $85,500 (down from $122,971 foreclosure amount)
Layout: 4 bed / 2 bath single-family
Building Size: 2,214 sq ft
Lot Size: 8,477 sq ft (0.19 acres)
Year Built: 1920
Price per Sq Ft: $39
Rent Zestimate: $1,887/mo
Annual Taxes: $838
HOA: None
⚠️ Heads Up
Property has been through multiple price reductions and pending sales that fell through — from $100K down to current $85.5K.
No cooling system and 1920s construction likely requires significant HVAC, electrical, and plumbing updates.
Chain link fencing and composition shingle roof may need attention.
🏆 Best for:
Buy-and-hold investors seeking ultra-high-yield rural Nevada properties.
Historic home enthusiasts comfortable with 1920s restoration projects.
Cash buyers looking for maximum leverage with minimal competition.
Why it works:
Basement and loft provide bonus space for creative rental configurations.
$39/sq ft is deeply discounted even for rural Nevada market.
Large lot offers future expansion, ADU, or recreational vehicle opportunities.