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$168,000 · HOPE MILLS, NC 28348
Works for flippers · Landlords would lose money

Available

$168,000Asking price

3 bd · 2 ba · 1,670 sq ft · built 1991

HOPE MILLS, NC 28348

No contract on file

via InvestorLift Classic

3 views · listed 3 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $250,000
Asking price: −$168,000
RepairsMiddle of the seller’s $24,000 – $39,000. Ours: $18,000 – $37,000: −$31,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$18,454
Profit12.8% of ARV · flippers want 10%+: $32,046
Works

Works for a flipper up to $174,000.

NC HOMEBUYERS (WHOLESALE HOUSES NC)

Angel Castro

No reviews yet

Comps

Sales

Rents

ARV $250,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $240,000.

The sales behind this value are shown to members.

ARV $250,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NC HOMEBUYERS (WHOLESALE HOUSES NC)

Angel Castro

No reviews yet

Seller Description

My Contact Information

Please call Angel at (984) 246-8420.

Pricing & Access

Estimated Market Rent: $1,650 - $1,850/month

Access / Showing: Occupied (Ballpark offer required prior to scheduling walkthrough)

Property Details

Property Type: Single-Family Home

Beds: 3

Baths: 2.0

Square Footage (Sq Ft): 1,670 Sq Ft

Lot Size: Approx. 0.57 Acres (Verified via Tax Records / Zillow)

Roof: Age: 20+ Years / Composition (Per Seller)

HVAC: Age: 20+ Years (Per Seller)

Age (Year Built): 1991 (Verified via Tax Records / Zillow)

Foundation Type: Piers (Verified via Tax Records / Zillow)

Parking Type: Carport / Attached Garage / Off-Street Parking (Verified via Tax Records / Zillow)

Utilities / Services: Public Water & Public Sewer (Buyer to verify utility connections during due diligence)

Schools

School District: Cumberland County Schools

High School: South View High School

Comparables

Comparable 1: 5012 Sycamore Dr (Sold/Pending)

Comparable 2: 806 Eagle Landing Dr (Sold/Pending)

Comparable 3: 4935 Catalpa Cir (Sold/Pending)

Comparable 4: 3406 Hawthorne St (Sold/Pending)

Interest Points

Spacious Lot & Layout: Situated on a generous 0.57-acre parcel featuring a functional 1,670 sq. ft. floor plan in an established Hope Mills location.

Value-Add Potential: Well-suited for a full interior renovation and mechanical updates (roof and HVAC 20+ years per seller), offering excellent profit spread for investors and rental portfolio builders.

Disclaimer

To respect the seller’s time and make sure we are on the same page, we require a ballpark offer before scheduling a walkthrough. This serves as a starting point to confirm our numbers align before we move forward. We fully understand this initial figure is not final and is subject to change once you see the property in person. If the condition differs from the description, we expect the price to be adjusted accordingly. Please send over your initial figures today so we can get you inside the property!