$225,000 · TRYON, NC 28782
Works for flippers · Landlords would lose money

Available

$225,000Asking price

3 bd · 2 ba · 1,600 sq ft · built 1974

TRYON, NC 28782

No contract on file

via InvestorLift Classic

Listed Oct 23

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $325,000
Asking price: −$225,000
RepairsMiddle of the seller’s $3,500 – $15,000. Ours: $17,000 – $35,000: −$9,250
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$23,887
Profit20.6% of ARV · flippers want 10%+: $66,863
Works

Works for a flipper up to $257,000.

D2 RESIDENTIAL CAPITAL PARTNERS, LLC

Ashley Bridges

No reviews yet

Comps

Sales

Rents

ARV $325,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $611,000.

The sales behind this value are shown to members.

ARV $325,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

D2 RESIDENTIAL CAPITAL PARTNERS, LLC

Ashley Bridges

No reviews yet

Seller Description

DIRECT SALE BY OWNER. NO ASSIGNMENT FEES

This country ranch style home is located only a short distance from the Equestrian Center and with some improvements could make a good permanent residence or rental. The land is level and there is a distant mountain view from the back of the property. Some improvements were done by the previous owner to the interior of the home of which the current Seller has limited knowledge. The interior features an open floor plan in the main living area and there is a sitting room off of the primary bedroom that opens to an enclosed porch as well as a covered back deck. It is on public water, but there is also a well located on the property that is currently not in use.