Property Manager · Griffith, IN · Member since 2015 · 1k+ posts · 913 votes
This property is nearly move-in ready. It has new carpet, fresh paint, and new high efficiency HVAC and H2O heater. Large living room and large family room with wood fire place. Kitchen and bath are dated but usable. This is a great rent-to-own property.
This is an off market property. I will double close on it with a cash buyer.
It's ARV is $85/90,000 and again needs anywhere from $0 to $8000 depending on what you want to do. If I keep it, I'm marketing it as a rent to own for $75K. They can update as they desire and earn the built in equity. Rents in this area are around $1000/month. The grade school is 1/4 mile away.