Currently rented long-term and producing income. Excellent investment opportunity with an estimated 12% cap rate.
This property is also a great candidate for renovation or redevelopment. Situated on over 1.5 private acres, it offers a quiet, peaceful setting with plenty of room to build your dream home.
We recently sold the neighboring mobile home, which was completely remodeled and turned out beautifully. We also own the mobile home on the other side and may consider selling that property as well.
Owner Financing Available
Purchase Price: $160,000
Down Payment: $80,000 (50%)
Interest Rate: 8%
Monthly Payment: $587
30-Year Amortization
5-Year Balloon
No Prepayment Penalty
Whether you're looking for a cash-flowing investment, a fixer-upper project, or a large private homesite, this property offers exceptional potential.
78 days
|
1,836
|
31
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Listed by:
Property Owner(404) 663-4342
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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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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