$50,000 · WELLSVILLE, NY 14895
Works for flippers

Available

$50,000Asking price

3 bd · 1 ba · 1,288 sq ft · built 1900

WELLSVILLE, NY 14895

Contract on file

via InvestorLift Classic

Listed 20 hours ago

Works for flippers

The Numbers

Sells for (ARV)From the listing: $175,000
Asking price: −$50,000
RepairsMiddle of the seller’s $40,000 – $50,000. Ours: $33,000 – $59,500: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$8,576
Profit40.8% of ARV · flippers want 10%+: $71,424
Works

Works for a flipper up to $100,000.

NEIMAN GROUP LLC

Chris Tramantiny

No reviews yet

Comps

ARV $175,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $82,000.

The sales behind this value are shown to members.

ARV $175,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEIMAN GROUP LLC

Chris Tramantiny

No reviews yet

Seller Description

Property Overview:

Single-Family

3 Bed | 1 Bath | 1,288 Sq Ft | Lot: 9,147 sq ft

Full basement

Vacant

Exit Strategies:

Fix & Flip: Adding a main-floor half bath $175K–$185K ARV

BRRRR / Buy & Hold: Strong village rental demand with 3-bedroom single-family homes leasing between $1,250 and $1,500/mo (Zillow Rent Zestimate: $1,320/mo), offering solid cash-on-cash returns after refinance

Asking $50,000