$130,000 · STATESVILLE, NC 28677
Works for flippers · Works for landlords

Pending

$130,000Asking price

3 bd · 2 ba · 1,352 sq ft · built 1951

STATESVILLE, NC 28677

No contract on file

via InvestorLift Classic

Listed Jun 25

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $220,000
Asking price: −$130,000
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $60,500 – $101,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$15,315
Profit11.2% of ARV · flippers want 10%+: $24,685
Works

Works for a flipper up to $132,000.

FAIR MARKET BUYERS LLC

Leng Cerna

No reviews yet

Comps

Sales

Rents

ARV $220,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $84,000.

The sales behind this value are shown to members.

ARV $220,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FAIR MARKET BUYERS LLC

Leng Cerna

No reviews yet

Seller Description

Two off-market opportunities available in Statesville that can be purchased separately or together. One property is a single-family home that needs a full cosmetic rehab, has no central air, and features a roof that is approximately 15 years old. The adjacent parcel includes a storage building and is zoned for a single-family home, manufactured home, or duplex, creating multiple development options. This is a solid opportunity for investors seeking a fix and flip, rental, or infill development project with multiple exit strategies.