$105,000 · HAMMOND, LA 70403
Works for flippers · Works for landlords

Available

$105,000Asking price

4 bd · 2 ba · 1,980 sq ft · built 1980

HAMMOND, LA 70403

No contract on file

via InvestorLift Classic

7 views · listed 3 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $205,000
Asking price: −$105,000
RepairsMiddle of the seller’s $35,000 – $50,000. Ours: $44,500 – $80,000: −$42,500
Loan, holding, closing20% down, 12% interest, 2 points, 77 days: −$13,106
Profit21.7% of ARV · flippers want 10%+: $44,394
Works

Works for a flipper up to $127,000.

SENDFLIP LLC

Elijah

No reviews yet

Comps

Sales

Rents

ARV $205,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $204,000.

The sales behind this value are shown to members.

ARV $205,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Elijah

No reviews yet

Seller Description

OFF-MARKET 4 BED / 2 BATH ON 5.33 ACRES - HAMMOND, LA (70403)

Asking: $105,000 | ARV: ~$205,000 | Repairs: ~$35K-$50K | Rent: ~$1,600-$1,800/mo

About 1,980 sq ft, 4 beds, 2 baths on 5.33 acres in Tangipahoa Parish. 1980 manufactured home converted to permanent, metal roof. Free and clear. Needs a major interior rehab: several rooms are opened up to the studs and some subfloor needs replacing (see photos). Room to build, add a second home or hold as a rental with land.

SOLD COMPS (last 12 months):

12073 Old Baton Rouge Hwy, Hammond - 3 bd / 2 ba, 2,052 sf - Sold $185,000 (May 2026)
- 21152 Esterbrook Rd, Ponchatoula - 3 bd / 2 ba, 1,750 sf manufactured - Sold $175,000
- 41220 Firetower Rd, Ponchatoula - 3 bd / 2 ba, 1,674 sf manufactured - Sold $173,000
Comps are on smaller lots; this one carries 5.33 acres.

RENTAL COMPS (4 bed, 70403):