$64,900 · SYLACAUGA, AL 35150
Works for flippers

Available

$64,900Asking price

2 bd · 2 ba · 1,311 sq ft · built 1941

SYLACAUGA, AL 35150

No contract on file

via InvestorLift Classic

1 view · listed Oct 28

Works for flippers

The Numbers

Sells for (ARV)From the listing: $180,000
Asking price: −$64,900
RepairsMiddle of the seller’s $10,000 – $15,000. Ours: $0 – $11,000: −$12,500
Loan, holding, closing20% down, 12% interest, 2 points, 65 days: −$9,495
Profit51.7% of ARV · flippers want 10%+: $93,105
Works

Works for a flipper up to $135,000.

OPTIMAL HOME BUYERS

Yanna Howard

No reviews yet

Comps

ARV $180,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $130,000.

The sales behind this value are shown to members.

ARV $180,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OPTIMAL HOME BUYERS

Yanna Howard

No reviews yet

Seller Description

Solid investment opportunity in Sylacauga featuring a brick 2/2, double lot, and two garages at an attractive $69.9K entry point. Now vacant and ready to go, this property offers rental potential with mostly move-in-ready condition and upside through minor repairs. Also a great candidate for a quick cash flip for investors looking to renovate and resell.

307 S Nashville Ave, Sylacauga, AL 35150

Bdr/Bth: 2/2
Heated SqFt: 1,311 sqft
Lot Size: 18,500 sqft (double lot)
Lot Dimensions: 185’ x 100’
Construction: Brick
Year Built: 1941
Condition: Move-in ready, except for back bedroom repair
Property Type: SFH
Occupancy: Vacant on LB
Parking: 1-car attached garage + 1-car detached garage
Utilities: City water/sewer

Property Notes

Back Bedroom: Corner has partially collapsed due to rotted sill (per seller)
Kitchen: Renovated 4–5 years ago
Roof: Approx. 10 years old
HVAC: Approx. 5–6 years old
Water Heater: Electric, a few years old per seller

Investment Numbers

Asking Price: $64,900- ARV: $170-$180k
Estimated Market Rent: $1,100/mo
Annual Gross Rent: $13,200
Estimated Cap Rate: 12% (assuming 30% operating expenses)

ARV / Renovated Comparables

210 E Spring St, Sylacauga, AL 35150: Sold for $147K (Oct.2026) | 2/2 | 1,070 sqft | 6,098 sqft lot | Frame | Built 1930 | 112
24 Greenwood Cir, Sylacauga, AL 35150: Sold for $189.9K (June 2026) | 3/2 | 1,512 sqft | 38,768 sqft lot | Brick | Built 1961

Move-In-Ready Comparables

206 E Spring St, Sylacauga, AL 35150: Sold for $132K (June 2026) | 2/1 | 910 sqft | 1-acre lot | Frame | Built 1950
203 S Anniston Ave, Sylacauga, AL 35150: Sold for $196K (September 2026) | 3/2 | 1,576 sqft | 8,100 sqft lot | Built 1953

Rental Comparable