This property is a 3 bedroom, 2 bath 1994 manufactured Double Wide Residence consisting 1,848 sqft and is perfect for the buy-and-hold or fix-and-flip investor. The home needs heavy repairs but with the low purchase price of the property there is plenty of room for profit. Sales indicate this property's ARV is above $70,000. Investors can expect an all in price of $50k-$55k which equates to a whopping 30%-40% ROI! If you decide to add this property to your rental portfolio you can expect approximately $700-$750/month in rent. The rehab is expected to cost approximately $35,000, resulting in an annual ROI of approximately 12.6% to add to your rental portfolio.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
