$35,000 · NICKERSON, KS 67561
Works for flippers · Works for landlords

Available

$35,000Asking price

3 bd · 1.5 ba · 1,190 sq ft · built 1972

NICKERSON, KS 67561

Contract on file

via InvestorLift Classic

2 views · listed Oct 19

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $125,000
Asking price: −$35,000
RepairsMiddle of the seller’s $30,000 – $35,000. Ours: $12,500 – $26,500: −$32,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$6,032
Profit41.2% of ARV · flippers want 10%+: $51,468
Works

Works for a flipper up to $71,000.

PEREGRINE REI

Peter Koukounas

No reviews yet

Comps

Sales

Rents

ARV $125,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $32,000.

The sales behind this value are shown to members.

ARV $125,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PEREGRINE REI

Peter Koukounas

No reviews yet

Seller Description

PROPERTY DETAILS- Property type: SFR- Bedrooms / bathrooms: 3 / 1- Square feet: 1190- Year built: 1972- Lot size: 0.48 acres- Location: Nickerson, KS (Reno County)- Rehab level: Medium

INVESTMENT HIGHLIGHTS- Single-family home in Nickerson, KS (Reno County) presents a Fix & Flip opportunity on a 0.48 acre lot.- 1190 square foot layout with 3 bedrooms and 1 bathroom offers a workable footprint for renovation and resale.- Built in 1972, the home sits within an established part of Reno County.- Medium rehab level corresponds to an estimated repair cost of $35,422, giving investors a defined renovation budget.- Comparable sale at 206 S Peabody St, Nickerson, KS 67561 (sold 2026-03-19, 1832 sqft, 4/2) provides a nearby market reference point.- 0.48 acre lot size may appeal to buyers seeking additional land beyond the existing structure.

REPAIRS- Rehab level: Medium- Estimated repair cost: $35,422

PROPERTY DESCRIPTIONThis single-family residence is located in Nickerson, KS (Reno County) and was built in 1972. The home offers 1190 square feet of living space with 3 bedrooms and 1 bathroom, situated on a 0.48 acre lot.