$29,000 · WEST TERRE HAUTE, IN 47885
Works for flippers · Works for landlords

Available

$29,000Asking price

2 bd · 1 ba · 925 sq ft · built 1900

WEST TERRE HAUTE, IN 47885

No contract on file

via InvestorLift Classic

Listed 2 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $85,000
Asking price: −$29,000
RepairsMiddle of the seller’s $25,000 – $30,000. Ours: $43,000 – $72,000: −$27,500
Loan, holding, closing20% down, 12% interest, 2 points, 71 days: −$4,426
Profit28.3% of ARV · flippers want 10%+: $24,074
Works

Works for a flipper up to $43,000.

HEDGE FUND FLIPS

Garrett Long

No reviews yet

Comps

Sales

Rents

ARV $85,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $14,000.

The sales behind this value are shown to members.

ARV $85,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HEDGE FUND FLIPS

Garrett Long

No reviews yet

Seller Description

Great opportunity for investors looking for their next renovation project! This vacant single-family property is ready for a complete renovation, offering plenty of potential for investors looking to add value through a fix-and-flip or long-term rental strategy.

The property requires a full rehab, giving the next owner the opportunity to renovate and customize it to meet current market demands. Based on estimated rental potential, the property could generate approximately $900/month in rental income once fully renovated and rent-ready.

Property Highlights:

Single-Family Home
Vacant
Full Rehab Needed
Potential Rental Income: Approximately $900/Month
Value-Add Investment Opportunity
Ideal for Fix-and-Flip or Buy-and-Hold Strategy
Sold As-Is

Bring your contractor, run your numbers, and take advantage of this opportunity to transform a full-rehab property into a potential income-producing asset!

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