$115,000 · HICKORY, NC 28601
Works for flippers · Works for landlords

Sold

$115,000Asking price

3 bd · 2 ba · 1,584 sq ft · built 2013

HICKORY, NC 28601

No contract on file

via InvestorLift Classic

Listed Sep 9

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $220,000
Asking price: −$115,000
RepairsMiddle of the seller’s $24,000 – $60,000. Ours: $16,500 – $34,500: −$42,000
Loan, holding, closing20% down, 12% interest, 2 points, 77 days: −$14,219
Profit22.2% of ARV · flippers want 10%+: $48,781
Works

Works for a flipper up to $140,000.

PRIME DISPOSITIONS

Jon White

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 $260,000.

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.

PRIME DISPOSITIONS

Jon White

No reviews yet

Seller Description

This 2013-built mobile home is an excellent turnkey or light value-add opportunity. Broken windows, kitchen cabinets missing doors/need updating, mixed flooring (hardwood, LVP, bare OSB). Roof is solid but lacks gutters. Needs new HVAC (currently has an old window unit). Patio railings need repair. Water heater works; no floods, pests, plumbing, or electrical issues reported.