Investor Special -Value-Add Single Family with Pool.
Attention investors! This is an outstanding opportunity to add value in a desirable, established Lancaster neighborhood. Whether you're looking for your next flip, long-term rental, or BRRRR project, this property offers strong potential.
This 3-bedroom, 2-bathroom home features 1,412 square feet of living space, a 2-car garage, and a private swimming pool. Built in 1984, the home has already had some work completed, allowing the next owner to step in with the remaining improvements based on their investment strategy.
The property will require a new roof, pool repairs, and cosmetic updates- flooring, fixtures, etc. However, investors pursuing a rental strategy may find they can significantly reduce the renovation scope while still achieving strong rental performance, making this an attractive value-add opportunity.
With an estimated After Repair Value (ARV) of approximately $279,000 and projected market rents of around $1,950 per month, this property presents multiple exit strategies for experienced investors.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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