Tax Deed · MI

Wayne County, MI

18.0% statutory

Tax Deed · 34 parcels · MI

Michigan foreclosure deeds from the Detroit metro. Higher risk profile offset by deep discounts to assessed value.

18.0%
Statutory rate: 12 mo
Max term: 6x
Collateral coverage: $250,000
Face value

$41,000 funded16% of $250,000

How returns work

When a property owner redeems, they pay back taxes plus the statutory rate, distributed pro-rata to certificate holders in USDC. If the lien is not redeemed within the term, the pool forecloses and proceeds from the property sale are distributed to holders.