🦅 Columbus 2% Rule Rental

Muscogee County, Columbus, GA, 31904
Sold
Listed at: February 1st, 2023
Price
$19,900
ARV
$65,000
Gross Margin
$45,100
Sq. Footage
838
Type
Single-Family
Parking
Driveway
Year build
1933
Lot size
0.06 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary
All Divestic Ventures Deals Are Direct To Seller
Click "View Full Address" Or Call/Text 770-226-5512

Profit Potential:

  • Do some TLC, and you can rent for $900-$950/mo, achieving a 20% Gross Yield
  • Section 8 should get around $800/mo
  • Large military presence in this zip code, and most of the homes in this vicinity are being rented out. Low vacancies and always have high demand


Asking Price: $19,900

Win It Now Price: $25,000


Occupancy: Vacant

Access: Front door is open until Monday 2/6

Contact: 

Michael@divesticventures.com
770-226-5512


1) Basic:

Bed/Bath: 2/1

Square Ft: 838

Year Built: 1933

Parking: Driveway

Lot Size: .06 acre


2) Numbers & Condition:

Asking Price: $19,900

Win It Now Price: $25,000

Market Rent: $900/mo

ARV: $65,000

Rehab: Light-Medium

Ceiling

70% of walls

Electrical

Plumbing (Kitchen & Bathroom)

Kitchen cabinets

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Chung

★★★★★
★★★★★
No reviews

Disposition manager