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Transaction Highlights
- Address: 2521 Riggs Dr East Point, GA 30344
- Inspection: Tuesday, October 16th at 11 AM ET
- Repairs: Please see description below
- Asking Price: $79,900
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Video <<
- Inspection Report: >> Click Here For Inspection Report <<
Opportunity Description
The contract for this three (3) bedroom, two (2) bathroom property at 2521 Riggs Dr East Point, GA 30344 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of 21% or greater with the contract for this property. Renovated homes like 2511 S Bryan Cir (slightly larger) have recently sold for $215,000.
Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 11%!
Repairs Needed: Roof damage from a recent tree fall; HVAC is near its life span; complete the partially finished basement. The rest of the property is in good shape but needs cosmetic updates.
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property!
RSVP for our one and only inspection on Tuesday, October 16th at 11 AM ET.