$47,000 · GONZALES, LA 70737
Works for flippers · Works for landlords

Available

$47,000Asking price

3 bd · 1 ba · 1,200 sq ft · built 1970

GONZALES, LA 70737

No contract on file

via InvestorLift Classic

Listed May 27

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $160,000
Asking price: −$47,000
RepairsMiddle of the seller’s $3,000 – $5,000. Ours: $13,000 – $27,500: −$4,000
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$7,728
Profit63.3% of ARV · flippers want 10%+: $101,272
Works

Works for a flipper up to $127,000.

EZ OFFER

Jonathan Charles

No reviews yet

Comps

Sales

Rents

ARV $160,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $61,000.

The sales behind this value are shown to members.

ARV $160,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

EZ OFFER

Jonathan Charles

No reviews yet

Seller Description

Here’s an opportunity to pick up a solid property with major systems already addressed and plenty of upside potential.

Property Highlights

3 Bedrooms / 1 Bathroom / Approx. 1,200 Sqft
1 Acre Lot
City Water

Condition Overview

AC replaced about 1 year ago
Plumbing fully replaced last year
Foundation reported with no issues
Metal roof
Original windows
Electrical has not been recently updated
Flooring, kitchen, and bathroom might need minor work

This property already has some of the expensive mechanical updates completed, allowing you to focus primarily on cosmetic improvements. Large lot size adds additional value and flexibility for long-term rental, flip, or portfolio hold strategy.