$65,000 · RIVERDALE, GA 30274
Works for flippers · Works for landlords

Available

$65,000Asking price

3 bd · 2 ba · 1,276 sq ft · built 1973

RIVERDALE, GA 30274

Contract on file

via InvestorLift Classic

1 view · listed 6 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $120,000
Asking price: −$65,000
RepairsMiddle of the seller’s $10,000 – $20,000. Ours: $15,000 – $31,000: −$15,000
Loan, holding, closing20% down, 12% interest, 2 points, 66 days: −$7,718
Profit26.9% of ARV · flippers want 10%+: $32,282
Works

Works for a flipper up to $84,000.

OFFER NOW MICHIGAN, LLC

Kevin Shinohara

No reviews yet

Comps

Sales

Rents

ARV $120,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $120,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OFFER NOW MICHIGAN, LLC

Kevin Shinohara

No reviews yet

Seller Description

Investment opportunity at 79 Flint River Rd #10 in Riverdale, GA. This 3-bedroom, 4-bathroom condo offers 1,276 sq ft and is located on a quiet street.

Property Details

3 bedrooms / 4 bathrooms

1,276 sq ft

Condo

Vinyl and brick exterior

Slab or crawlspace foundation

No basement

Quiet street

Sold AS-IS

Occupancy & Condition

Squatters are present.

Sheriffs have been notified and the eviction process has been started.

Buyer should anticipate potential interior cleanup and repairs

Comparable Sales

79 Flint River Rd #16A: Sold for $79,000 in 2023; reportedly rented recently for $1,550/month

79 Flint River Rd #D: Sold for $75,000

79 Flint River Rd #9: Reportedly sold for $75,000 to a cash buyer

An opportunity to acquire a condo at an entry-level price point with potential upside.

Property is being sold AS-IS. Buyer to perform all due diligence and verify property condition, comparable sales, ARV, repair costs, and possession status.

For more information, call or text Jacob Cook, Dispositions Manager, at (206) 737-2749.