Off-market equity play in solid rental condition. Garage converted to 5th bedroom (reversible). Master has efficiency setup generating $1,300/mo. Impact windows 2021. Roof and A/C older but operational.
5 Beds
2 Baths
1,929 Sqft
Built 1998
CBS
6,100 Sqft Lot
Asking
$485K
Wholesaler Price
ARV
$680K
Wholesaler Estimate
Spread
$195K
71¢ on the dollar
ARV Comparison
Wholesaler ARV
$680K
71¢ on the dollar
Rocket ARV
$651K
74¢ on the dollar
Overview
Big Tickets
Roof
Older, no leaks Impact Windows
2021 HVAC
Older, working Water Heater
Tankless
Older, no leaks Impact Windows
2021 HVAC
Older, working Water Heater
Tankless
Property Details
Public Records
1
Stories
6,100 SF
Lot Size
Stucco
Exterior
Other
Roof Type
0100:SINGLE FAM,GENERAL
Zoning
MAJESTIC ESTATES 2ND ADDN
Subdivision
Highlights
Master efficiency $1,300/mo
Rental ready
5th bed reversible
New washer/dryer
Good appliances
Lien on terrace
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$3,610/mo
Market Rent Estimate
$3,270
$3,950
$43,320
Annual Rent
8.9%
Gross Yield
$1.87
Rent/Sqft
$722
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$300,391
Annual Tax
$7,988
Tax Year
2024
Effective Tax Rate
2.66%
Sale History
Public Records
Last Sold: 2005-11-18T00:00:00.000Z
$300,000
+127% appreciation ($380K) in 20 years
