$50,000 · CASEYVILLE, IL 62232
Works for flippers · Low return for landlords

Available

$50,000Asking price

2 bd · 1 ba · 996 sq ft · built 1939

CASEYVILLE, IL 62232

No contract on file

via InvestorLift Classic

Listed Nov 2

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $135,000
Asking price: −$50,000
RepairsMiddle of the seller’s $45,000 – $60,000. Ours: $49,000 – $81,500: −$52,500
Loan, holding, closing20% down, 12% interest, 2 points, 81 days: −$7,415
Profit18.6% of ARV · flippers want 10%+: $25,085
Works

Works for a flipper up to $60,000.

OZARK INVESTMENT VENTURES LLC

Luka Yanes

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 $16,000.

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.

OZARK INVESTMENT VENTURES LLC

Luka Yanes

No reviews yet

Seller Description

7949 North Illinois Street, Caseyville, IL 62232 A 2 bed, 1 bath home on 1.4 acres in Caseyville. It's priced well below ARV, with room to add value through a rehab or to use the extra land. **The numbers** - Asking price: $50,000 - ARV: $135,000 - Deal type: Wholesale / assignment of contract **Property details** - Bedrooms: 2 - Bathrooms: 1 - Square feet: 996 - Lot size: 1.4 acres **Comps** - 107 Bethel Mine Rd, Caseyville, IL 62232: $115,000 - 1159 Peaceful Ln, Caseyville, IL 62232: $132,000 There's $85,000 between the asking price and the ARV. It works as a fix-and-flip or a buy-and-hold, and the acreage gives extra flexibility. Cash or hard money buyers only. Contact Summit Home Buyers for details and to schedule a walkthrough.