Valdosta Georgia Mobile Home

Valdosta Georgia Mobile Home

3 bed 2 bath 1248 sq ft Built in 1994 Manufactured Home
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70
Quality of Comparables
Low High
13 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
8/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Here's an excellent value-add opportunity just outside of Valdosta. This well-maintained mobile home is priced to sell and offers plenty of upside with some cosmetic updates. Updated mobile homes in the area have been selling quickly, making this an attractive option for investors. Currently the best-priced home in comparable condition in the area, this property has the potential to make a strong flip or a solid long-term rental.

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We recommend flip
Rent Flip
Rental Income
$1,000 mo. / $12,000 yr.
Investor Price
$69,900
Closing Costs to Buy
$3,500
Rehab Projection
$30,000
Utilities
$350
Property Insurance
$500 / yr.
Estimated Taxes
$525 / yr.
Property Management
$1,200 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$9,525
Projected Income
9.18%
Estimated APY
After Repair Value
$135,000
Investor Price
$69,900
Closing Costs to Buy
$3,500
Rehab Projection
$35,000
Utilities
$350
Closing Costs to Sell
$6,000
$20,250
Projected Income
17.65%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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