Creative Finance Opportunity – 346 Liberty Ave – $15K Entry | Light Rehab

[Rich Tenor]

Address: 346 Liberty Ave, Columbus, GA 31903
💰 Entry Fee: $15,000 closing costs, and assignment)
📄 Terms: Subject-To Existing Mortgage

• Interest: 8.4% fixed

• Loan Term Remaining: Approx. 12 years

• Monthly Payment: $714 (PITI)

🏠 Property Condition:

• Solid bones – just needs cosmetic updates (paint, flooring, fixtures)

• No major structural or system issues noted

• Dated interior = opportunity for value-add

💡 Ideal Strategy:
Perfect for:

• Buy-and-hold investors seeking cash flow with low upfront capital

• Creative finance pros looking for quick, low-risk entries

• Section 8 or long-term rental (area rents ~$950–$1,100/month for 3 beds)

📍 Why Columbus, GA?

• Military Base Nearby (Ft. Moore) = strong rental demand

• Affordable housing area with consistent rental turnover

• Active investor-friendly market with growth on the south side

• Great opportunity zone for cash buyers and landlord investors

🔍 Quick Highlights:
✔ Subject-To w/ only 12 years remaining on mortgage
✔ Light rehab for immediate rental-ready status
✔ Low monthly holding cost
✔ Positive (though thin) cash flow with opportunity to increase via rent bump
✔ Close to schools, local parks, and within 15 minutes of Ft. Moore