$185,000 · CORTLAND, OH 44410
Works for flippers

Available

$185,000Asking price

3 bd · 2 ba · 1,520 sq ft · built 1977

CORTLAND, OH 44410

via InvestorLift Classic

Listed Oct 27

Works for flippers

The Numbers

Sells for (ARV)From the listing: $300,000
Asking price: −$185,000
RepairsMiddle of our estimate, $17,500 – $36,000: −$26,750
Loan, holding, closing20% down, 12% interest, 2 points, 71 days: −$20,965
Profit22.4% of ARV · flippers want 10%+: $67,285
Works

Works for a flipper up to $220,000.

ECOLOGIC TEAM

Diego L.

No reviews yet

Comps

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ECOLOGIC TEAM

Diego L.

No reviews yet

Seller Description

3 Bedrooms | 2 Bathrooms
1,520 Sq Ft | 1.3-Acre Lot
Built in 1977 | Bi-Level Home
Attached 24x24 Garage + Detached 24x30 Metal Workshop
No Basement
Roof Approx. 3 Years Old
Furnace Approx. 4 Years Old
Water Heater Functions Well; Age Unknown
Major Systems Appear to Be in Good Condition

Estimated ARV: $300,000 | Estimated Rehab: $60,000

Investment Opportunity

This single-family property in Cortland offers strong flip potential, featuring a spacious 1.3-acre lot and an oversized detached workshop that may appeal to retail buyers. The home primarily needs cosmetic updates, while its major systems appear to be in good condition. The large workshop and attached garage provide added value and a competitive advantage over comparable properties in the area.

Buyer to independently verify property condition, renovation costs, comparable sales, and ARV.

We Offer Hard Money Loans.

For more information please contact us at (321) 450-3472