A NEW DEAL AVAILABLE NOW 4225 Houston Ave, Macon, GA 31206 4 bedrooms, 2 baths, 1820 sq. ft. Requires full rehab Rent: $816 Price: $27,500 This is a cash flow play. In approximately 3-4 years your debt service will be paid off from the passive income. So this is a great long-term buy-and-hold opportunity with this potential rooming house with 4 bedrooms and 2 baths. There are a number of different exit strategies. You could enjoy retail rent from $816 - $950 or rent out the rooms at $300 per room for a gross $1,200 per month or play it safe and stable by renting section 8 for around $1,100 voucher. Not too many 4 bedroom homes on section 8 and hence they are in great demand. Requires cash close. Call (678) 825-5247
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Excellent investment opportunity with good cash flow potential. Make sure to read our attachment which outlines the investment potential. Brick colonial with basement and garage. Great neighborhood for investors or owner occupant. Home values in Detroit have increased 8.4% over the past 12 months. Economist predict that home values in zip code 48205 will increase 9% in the next year. Disclaimer: House is being sold as-is, and buyer is to pay closing.
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ARV $393,000 Rehab estimate: $14,500 25% discount below ARV Rent estimate: $1,820 Double sqft for the same price point as other homes in the neighborhood. Move in ready. Access to East Atlanta Village, highways, eastside beltline, Zoo Atlanta, downtown. Quiet neighborhood. Unique 3-side brick home. Freshly painted interior. Hardwood floors, sitting room 3 bedrooms. Large family room, tiled floors, bonus room/office and sunroom.