Investorlift

49895, MI

49895, MI

49895, MI

$175,000 · WETMORE, MI 49895
Works for flippers

Available

$175,000Asking price

2 bd · 1 ba · 888 sq ft · built 1972

WETMORE, MI 49895

No contract on file

Price Drop

via InvestorLift Classic

2 views · listed Sep 9

Works for flippers

The Numbers

Sells for (ARV)From the listing: $330,000
Asking price: −$175,000
RepairsMiddle of the seller’s $20,000 – $40,000. Ours: $9,500 – $20,500: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$21,264
Profit31.4% of ARV · flippers want 10%+: $103,736
Works

Works for a flipper up to $241,000.

INS INVESTMENT PROPERTIES

External - Casey

No reviews yet

Comps

ARV $330,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

INS INVESTMENT PROPERTIES

External - Casey

No reviews yet

Seller Description

N127 N Round Lake Rd Wetmore, MI 49895

Investor Highlights

Round Lake frontage
0.68-acre lot
2 Bed / 1 Bath
888 sqft
Slab foundation
No known plumbing or electrical issues
Updated tile flooring (approx. 10 years)
Updated living room wood paneling (approx. 10 years)
Bathroom updated with shower and vanity (approx. 10 years)
Roof approx. 20 years old
Septic system not up to code and likely needs replacement
Possible deeper well needed
No dock currently installed

PHOTOS: Property Photo Gallery

𝐂𝐀𝐋𝐋/𝐓𝐄𝐗𝐓: Casey (786)706-5643

Sight unseen offers are always prioritized
Must close with the seller title compa
Buyer pays all closing costs
Deal not final until EMD is received
Inspections are done prior to the assignment of the contract

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

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Figures from the seller unless a line says otherwise. Verify before you close.

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ARV $330,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $205,000.

The sales behind this value are shown to members.

Investorlift
MI
Wetmore
49895
WETMORE, MI 49895

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