$250,000 · WINSTON-SALEM, NC 27127
Works for flippers · Landlords would lose money

Available

$250,000Asking price

3 bd · 1 ba · 1,694 sq ft · built 2000

WINSTON-SALEM, NC 27127

No contract on file

via InvestorLift Classic

6 views · listed 2 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $358,000
Asking price: −$250,000
RepairsMiddle of the seller’s $25,000 – $40,000. Ours: $19,000 – $39,500: −$32,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$27,040
Profit13.5% of ARV · flippers want 10%+: $48,460
Works

Works for a flipper up to $261,000.

JS PROPERTY RESOLUTIONS LLC

Joseph Smith

No reviews yet

Comps

Sales

Rents

ARV $358,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $339,000.

The sales behind this value are shown to members.

ARV $358,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

JS PROPERTY RESOLUTIONS LLC

Joseph Smith

No reviews yet

Seller Description

3 bed single-family home on approximately 0.70 acres on the Davidson County side of Winston-Salem (27127). Built in 2000 with 1,694 sqft, a full unfinished basement, garage, central air and an electric heat pump.

Newer 2000 build on a big lot with low Davidson County taxes, minutes from Winston-Salem. Light rehab with real spread for flippers, or a solid long-term rental with basement upside.