$287,500 · WALLS, MS 38680
Works for flippers · Landlords would lose money

Available

$287,500Asking price

5 bd · 3 ba · 3,700 sq ft · built 1968

WALLS, MS 38680

No contract on file

via InvestorLift Classic

4 views · listed 6 hours ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $479,000
Asking price: −$287,500
RepairsMiddle of the seller’s $40,000 – $65,000. Ours: $45,000 – $93,500: −$52,500
Loan, holding, closing20% down, 12% interest, 2 points, 81 days: −$33,720
Profit22.0% of ARV · flippers want 10%+: $105,280
Works

Works for a flipper up to $341,000.

H-

HOMEVESTORS - WEBUYUGLYHOUSES

Jack Keller

No reviews yet

Comps

Sales

Rents

ARV $479,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $316,000.

The sales behind this value are shown to members.

ARV $479,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

H-

HOMEVESTORS - WEBUYUGLYHOUSES

Jack Keller

No reviews yet

Seller Description

Calling all investors, cash buyers, and real estate entrepreneurs!

Don't miss the opportunity to acquire this property in Walls, Mississippi, with the flexibility to make it your next investment project. Offering approximately 2.1 acres and a spacious residential layout, this property presents an opportunity for investors looking to expand their portfolio, renovate and resell, or explore long-term rental potential.

With the property being delivered VACANT AT CLOSING, the next owner can take possession without the complications of an existing tenant or lease. Start planning your renovation, evaluating rental potential, or executing your investment strategy right away!

INVESTMENT HIGHLIGHTS:

Approximately 2.1 acres

Spacious residential property

Vacant at closing

Immediate possession

No existing tenant to manage

Potential value-add opportunity

Potential long-term rental or resale investment

Convenient Walls, MS location with access to the greater DeSoto County and Memphis markets

Whether you're a seasoned investor or looking for your next real estate opportunity, this property offers the space and flexibility to make your investment vision a reality.

Bring your contractor, run your numbers, and take advantage of this opportunity! Investor inquiries are encouraged.