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37660, TN

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37660, TN

$35,000 · KINGSPORT, TN 37660
Works for flippers · Works for landlords

Available

$35,000Asking price

2 bd · 1 ba · 660 sq ft · built 1948

KINGSPORT, TN 37660

No contract on file

via InvestorLift Classic

4 views · listed Sep 27

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $140,000
Asking price: −$35,000
RepairsMiddle of the seller’s $30,000 – $35,000. Ours: $17,000 – $31,000: −$32,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$6,482
Profit47.2% of ARV · flippers want 10%+: $66,018
Works

Works for a flipper up to $83,000.

SENDFLIP LLC

Michael Fazio

No reviews yet

Comps

Sales

Rents

ARV $140,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $117,000.

The sales behind this value are shown to members.

ARV $140,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Michael Fazio

No reviews yet

Seller Description

FLIP OR RENTAL OPPORTUNITY – Kingsport, TN 37660

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Low-entry investment opportunity offering both resale upside and strong projected rental income.

**** Dorothy St, Kingsport, TN 37660

Asking: $35,000

ARV: $140,000

Projected Rent: $900–$1,000/Month

Projected Annual Rent: $10,800–$12,000

Delivery: Vacant

Property Details

2 Bed / 1 Bath
660 Sq Ft
3,484 Sq Ft Lot
1948 Build

PENDING COMP- 1001 Gibson Mill Rd, Kingsport, TN 37660 PENDING at $205,000 and went under contract within a week.

Why This Deal Works

Affordable $35K acquisition price
Projected resale value around $140K
Approximately $105K spread before renovation and selling costs
Potential rent of approximately $900–$1,000 per month
Multiple potential exit strategies: renovate and resell or hold as a rental
Compact footprint may help keep renovation costs manageable
Vacant and ready for renovation

This property offers an attractive low basis for an investor looking to flip for potential resale profit or renovate and hold for monthly cash flow.

Photos

View Property Photos

Terms

Delivery: Vacant
EMD: $5,000

TEXT Mike @ 815.600.4370 to submit your offer or ask questions!

Cash only. Property comes in “AS-IS” condition. Buyer pays all closing costs and escrow fees.

Open escrow with a $5,000 non-refundable earnest deposit by cashier’s check made payable to our title company of choice.

Wholesalers and Realtors: Please add your fee before sending out. The advertised price is net to the seller.

Buyer must verify all information. Seller makes no claims or warranties, expressed or implied. Buyer must perform all due diligence and hold the seller harmless.

Wholesale price is a net-to-seller price. No SPDS, no CLUE report, and an as-is sale. Properties may be owned, controlled through an equitable-title position, assigned, or co-marketed on behalf of an affiliate.

None of the information above is deemed guaranteed and is provided for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, rental income, characteristics, or financial benefits.