Newer build (1996) in Dallas, TX would make a great Section 8 rental or owner finance note. Interior needs a lot of trash out/cleaning and some work.

ARV: TBD (tax appraisal $75,000)
Repair Estimate: $15,000 - 20,000
Market Rent: $900 - 950
Purchase Price: $35,000

For more info and pictures, click here to see property flyer.

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This would make a great cash flowing rental or owner finance note. It's in the 75210 zip code, so obviously not the best neighborhood, but there is some development going on nearby.

Structurally the house seems to be in good shape. Roof, HVAC, and electrical appear to be in good shape and functional, but do your own due diligence. It is a newer build (1996) and was recently tenant occupied. The house needs A LOT of trash out and cleaning. Previous tenants bordered on hoarders. It needs new paint and flooring throughout, some fencing repair, and I'm sure some other miscellaneous items. Per owner, there was a plumbing leak that ruined the floor in one bedroom (but it needs replaced anyway).

For a rental, I think the best strategy would be to go Section 8 where you could easily get $900-950 per month.

Terms:
- Assignment of contract
- Cash or hard money only
- $3,000 non-refundable deposit
- Buyer pays all closing costs
- Property to be sold as-is
- Agents add your commission to purchase price
- Please do your own due diligence before signing contract