πŸ”₯πŸ”₯πŸ”₯HOT Anderson Rental 3% RuleπŸ”₯πŸ”₯πŸ”₯

Madison County, Anderson, IN, 46013
Sold
Listed at: August 14th, 2024
Price
$30,000
ARV
$115,000
Gross Margin
$85,000
Sq. Footage
775
Type
Single-Family
Parking
On street
Year build
1951
Lot size
0.14 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

πŸ”₯ Super Hot Rental Opportunity in Anderson! πŸ”₯ Breaks the 3% rule! πŸ“ˆ

🏠 The place is dated but could be functional as is with a drywall repair. The roof is decent and was replaced in the last 10 years. 🏠

🚧 One bedroom had the drywall fall off the ceiling due to terrible craftsmanship after a roof repair. 😬

πŸ”§ All this place needs is a rental-grade rehab to get maximum rent or just do the minimum ceiling repair and place a tenant for a discounted rate. πŸ’΅

πŸ”₯ The furnace and water heater should be replaced but were functional when last lived in. πŸ”₯

πŸ’° Zillow Rent Zestimate: $975

Ready to turn this into a rental gem? πŸ’Žβœ¨

Comps:

316 E 35th St
Anderson, IN 46013

3929 Haverhill Dr
Anderson, IN 46013

3416 Brown St
Anderson, IN 46013

3714 Saint Charles St
Anderson, IN 46013

Buyers to perform their own Due Diligence. A member of the organization is licensed in the state of Indiana. www.PerformanceAssetsLLC.com
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Eric Severson

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