Ranch wholesale deal available in Covington. Needs some rehab work on the kitchen which had a small fire a while back, and painting throughout. Nothing major, cannot even tell there was a minor fire since the owner ripped out the drywall and all smoke smell has lifted. Also has low maintenance tile throughout the house.. Finish the rehab work on this one and add another great house to your portfolio! Will rent for $875 - $950 once repaired.PP 49,900Rehab $10,000Total Investment $61,000Rental Income $900 X 12 = $10,800 AnnuallyTaxes $900Inisurance $450Net Income: $9,450 Annually15.5% ROI!
Off market
Zestimate®
$236,100
25 Springfield Way, Covington, GA 30016
3beds
2baths
1,316sqft
SingleFamily
Built in 1990
0.82 Acres Lot
$236,100 Zestimate®
$179/sqft
$1,669 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Other
Cooling
- Central
Features
- Flooring: Tile
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,316 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other
Lot
- Size: 0.82 Acres
Details
- Parcel number: 0013000000231000
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
- Foundation: Masonry
- Roof: Asphalt
Condition
- Year built: 1990
Community & neighborhood
Location
- Region: Covington
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$236,100