Will rent for $500 -$550Spend $20,000 including repairs- get back $6,000 in annual income.Purchase Price $14,900Repair Est. $ 6,000Total investment $20,900 Annual rent $6,000 @$500 per monthAnnual Expenses $1,061 taxes insurance and managementNet income $4,939 Net ROI 23.6%
Off market
$93,100
117 Chestnut Dr SW, Concord, NC 28025
2beds
1baths
602sqft
SingleFamily
Built in 1940
3,150 sqft lot
$93,100 Zestimate®
$155/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced air
Cooling
- None
Features
- Flooring: Carpet, Linoleum / Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 602 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 3,150 sqft
Details
- Parcel number: 56209515830000
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
- Foundation: Footing
- Roof: Composition
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Concord
Services availability
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Estimated market value
$93,100