Property Overview This frame-construction 3 bedroom, 2 bathroom home in Riverdale offers 1,300 sq ft on a slab foundation. Built in 2001, it has a fireplace, a flat lot, and a functional floor plan. The property needs only a light touch-up, so a buyer can be back on the market or in a tenant’s hands quickly. It is a straightforward fit for a rental hold or a quick refresh and resale.
Deal Details
Bedrooms / Bathrooms: 3 BR / 2 BA
Living Area: 1,300 sq ft
Year Built: 2001
Construction: Frame
Foundation: Slab
Fireplace: Yes
Lot: Flat
Property Type: Single-family
Condition: Light touch-up needed
Numbers Snapshot
Purchase Price: $179,990
Estimated Repairs: $10,000 - $20,000
All-In Cost: $189,990 - $199,990
Estimated ARV: $215,000 - $235,000
Estimated Gross Spread: $15,010 - $45,010, before closing and holding costs
Rental Hold Option: Estimated rent of $1,600 - $1,750/mo
Why This Deal Works
Only a light touch-up is needed, which means low rehab risk and a short hold time.
It is a 2001 build on a slab foundation, with a fireplace, a flat lot, and a functional plan.
It suits an affordable housing exit for resale or rental.
The street has matching 3 bed / 2 bath homes, which makes pricing and resale easy to benchmark.
Ideal For
Fix and flip investors looking for a quick refresh and resale
Buy-and-hold investors seeking a move-in-ready rental
Investors focused on affordable housing in the Riverdale market
Important Note: All figures are estimates. The buyer should complete independent due diligence.
Contact John for more details or to make an offer: (678) 498-5675
More About This Property
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Figures from the seller unless a line says otherwise. Verify before you close.
