South San Marco Flip

South San Marco Flip

3 bed 2 bath 998 sq ft Built in 1909 Single Family
Login or register to unlock this property’s address.
74
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
9/10
Placement in Neighborhood
Busy Calm
1/10
Property Details

Located just outside of San Marco off of Hendricks Rd, is this 3-bedroom, 2-bathroom, single family house on a corner lot. The home is move-in ready for a tenant but would need some minor updates for a flip. The roof was replaced in 2021 and the septic system was just serviced and pumped.  

For a flip, we recommend updating the floors, bathrooms, kitchen, and appliances. As a rental, we recommend some updates to the floors along with repairs as needed.  

Once updated, we have a conservative ARV of $260,000 along with rental comps between $1700-$1800 per month. Either approach gives the new owner plenty of options.

Homes in this condition and in this area, at this price point, are rare. Call your EquityPro Advisor today to secure this opportunity. 

Ask about this property
Log in/Register to ask about this property.

We recommend flip
Rental Income
$1,800 mo. / $21,600 yr.
Estimated Taxes
$2,700 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$14,740
Projected Income
7.99%
Estimated APY
$54,330
Projected Income
26.42%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

Unlock this property’s comps.