$390,000 · VALLEJO, CA 94590
Works for flippers · Landlords would lose money

Available

$390,000Asking price

2 bd · 1 ba · 1,124 sq ft · built 1937

VALLEJO, CA 94590

Contract on file

via InvestorLift Classic

1 view · 1 saved · listed Oct 29

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $550,000
Asking price: −$390,000
RepairsMiddle of the seller’s $50,000 – $60,000. Ours: $37,000 – $66,500: −$55,000
Loan, holding, closing20% down, 12% interest, 2 points, 82 days: −$42,851
Profit11.3% of ARV · flippers want 10%+: $62,149
Works

Works for a flipper up to $396,000.

VERITY PROPERTY INVESTORS LLC

Justin Northcutt

No reviews yet

Comps

Sales

Rents

ARV $550,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $337,000.

The sales behind this value are shown to members.

ARV $550,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

VERITY PROPERTY INVESTORS LLC

Justin Northcutt

No reviews yet

Seller Description

40 Sandy Beach Road, Vallejo - https://viewdeal.co/5a3f

Escape to your own secluded retreat nestled right in Vallejo. Surrounded by picturesque views and peaceful surroundings, this property captures the true essence of Bay Area living. Design a thoughtfully crafted home, a relaxing weekend getaway, or a rewarding investment project, and turn this unique space into your personal haven of natural beauty and privacy.