$10,000 · ANNISTON, AL 36201
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Available

$10,000Asking price

3 bd · 1 ba · 1,062 sq ft · built 1945

ANNISTON, AL 36201

Contract on file

via InvestorLift Classic

6 views · listed 3 days ago

These numbers look wrong

No verdict until the price, the value and the repairs add up

The Numbers

Listed priceFar under the value. It may be an entry fee, not the price.: $10,000
Listed ARVFrom the listing: $100,000
Listed repairsFrom the seller: $5,000 – $15,000
Our repair estimateFor this home’s size, ZIP and condition: $13,000 – $26,500

No profit or return is shown until these add up.

JS PROPERTY RESOLUTIONS LLC

Joseph Smith

No reviews yet

Comps

Sales

Rents

ARV $100,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $26,000.

The sales behind this value are shown to members.

ARV $100,000

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, 1 bath single-family home in Anniston, AL (Calhoun County). 1,062 sqft on a 0.28 acre lot, built in 1945.

SUBJECT TO EXISTING MORTGAGE

Take over the existing 1st mortgage, approx. $75,900 balance.

Entry fee: $15,000

Monthly payment: ask for current PITI

THE HOUSE

Vinyl siding, laminate flooring throughout, white kitchen with a full appliance package, stackable washer/dryer, window AC units, covered front porch and a large covered back porch. Fenced front yard with a deep backyard.

Estimated ARV: $105,000

Estimated repairs: $5K to $15K (light rehab)

Great fit for a long-term rental or a low-cost entry into a cash flowing property.