$75,999 · JACKSON, TN 38305
Works for flippers · Works for landlords

Available

$75,999Asking price

3 bd · 1 ba · 960 sq ft · built 1968

JACKSON, TN 38305

No contract on file

via InvestorLift Classic

4 views · listed Oct 23

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $135,000
Asking price: −$75,999
RepairsMiddle of the seller’s $20,000 – $40,000. Ours: $25,000 – $45,000: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$8,985
Profit14.8% of ARV · flippers want 10%+: $20,016
Works

Works for a flipper up to $82,000.

H-

HOMEVESTORS - WEBUYUGLYHOUSES

Adam Flack

No reviews yet

Comps

Sales

Rents

ARV $135,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $87,000.

The sales behind this value are shown to members.

ARV $135,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

H-

HOMEVESTORS - WEBUYUGLYHOUSES

Adam Flack

No reviews yet

Seller Description

PROPERTY BASICS

3 bedrooms / 1 bathroom
Approximately 960 sq. ft.
Asking price: $75,999
Estimated ARV: $135,000
Previously rented for $1,000/month
Currently vacant
Owner/Seller: High Noon Ventures

DESCRIPTION: High Noon Ventures is selling this property directly from our rental portfolio. This three-bedroom home offers an opportunity for an investor prepared to complete the necessary repairs and return it to rental service. Highlights include prior rental history, a large backyard, and a metal roof.

VALUE-ADD HIGHLIGHTS

Opportunity to renovate and reposition a former income-producing rental
Three-bedroom layout with a manageable 960 sq. ft. footprint
Large backyard
Metal roof good condition
Vacant for renovation and future leasing
Interior updates offer an opportunity to improve rental appeal

CONDITION / KNOWN REPAIRS

Prior tenant-related fire reportedly started while an item was plugged into a wall outlet
Fire was put out immediatley only causing smoke staining on ceilings and sheetrock damage near outlet
Smoke cleanup and remediation needed
HVAC replacement anticipated
Some subfloor and floor joist repairs needed
New flooring and interior paint
Kitchen updates
New back door

We look forward to serving you in your next real estate investment venture.

Call or text Adam at 901-609-1790 for details, questions and accessibility instructions.

***High Noon Ventures is the investor/owner and seller of the property described above. This is a direct sale of an owned property. High Noon Ventures and its affiliated associates make no warranties, express or implied, regarding the accuracy or completeness of property information, inspection reports, repair estimates, projected rents, after-repair values, or other reports and figures provided. The property is offered as-is. End buyers are responsible for performing their own independent due diligence. The property is currently under video surveillance. All site visits by prospective buyers or their affiliates require prior, explicit permission from High Noon Ventures. Unauthorized entry is prohibited and may result in legal action. End buyers only. Unauthorized marketing or daisy chaining will be reported directly to InvestorLift.***