6731 Sparta
$1,000
3% of area home value

6731 Sparta

Detroit, MI
Detroit Land BankStructure
Location & enrichment
Property type
Structure
Flood zone
X
Lot size
Nearest metro
4.8 mi
Nearest airport
10.5 mi
Assessed value (county)
Area median home value
$38,000
Area pop. trend (5yr)
-32.5%
Area median rent
$951/mo
Owner-occupied
60.4%
Rental vacancy
61.9%

Not investment advice. Verify eligibility, price, and restrictions with the source listing before acting. Imagery is approximate (parcel centroid). Inventory checked July 22, 2026.

How to buy from the Detroit Land Bank

The Detroit Land Bank Authority sells move-in-ready and rehab homes through auctions and fixed-price Own It Now listings on buildingdetroit.org, and runs a separate side-lot program that sells vacant lots to adjacent neighbors at a deep discount.

Quick deal check
All-in $41,000 = 108% of ARV
Over budget for a flip

ARV starts from the area's median home value (Census) — replace it with real comps before acting. The 70% rule: flippers target purchase + rehab ≤ 70% of ARV. Not financial advice.

Buildability report

Buildability: no flags found · 4 of 5 checks run

See which checks flagged — flood, wetlands, slope, road access, and environmental proximity, with sources and dates. Unlock the full report with Pro

What's it worth?

1 value signal available

See nearby land-bank sales, $/acre market bands, and rent yield for this parcel. Unlock the full value report with Pro

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