Property Address: 2222 N Webster St, Kokomo, IN 46901
This 3br/1.5ba has over 1000 square feet, is in an area where happy investors are getting great Return on Investment, and it has an attached over-sized one-car garage. Built just before 1980, this ranch has had multiple key updates – including electric, newer AC and furnace! Roof is in great condition – and only seven years old.
Refresh the carpet in the bedrooms and repaint the walls – and this rental will be move-in ready. Expect $1000+ monthly rent after finishing the cosmetics – and an ARV above $110K. The nicely fenced backyard only adds to the appeal – making finding tenants an easy proposition.
With a spread of $35K, easily have some instant equity to go with monthly rent returns well beyond “The 1% Rule”.
Don’t delay – this one will be gone quick! Call us to reserve today.
Frequently Asked Questions:
- Can you provide financing? NO
- Are tenants in place? NO
- Are tenants current? N/A
- When does the tenant lease expire? N/A
- Who pays the utilities? (tenant or owner) TENANTS
- Can you manage the rehab? NO
- Can you manage the property? NO
- Can I lease it from you? NO
What to expect:
- Property is being sold ‘as-is’.
- The buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
- The buyer will need to sign paperwork and submit $2,000 of non-refundable earnest money to a title company specializing in investment properties to reserve the property.