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Erica Gerhart
  • Professional
  • Columbus, OH
2
Votes |
12
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Columbus, Ohio investors... ARV help needed please :)

Erica Gerhart
  • Professional
  • Columbus, OH
Posted Aug 25 2015, 19:02

I am looking to purchase a property in Whitehall for $40,000... in the decent area... but I am having trouble finding comps to come up with my ARV to see if it would be a good deal to wholesale... or maybe fix and flip. Values seem to be all over the place in that area.

I came up with $70,000.

It is a 3 bed, 1 bath with partially finished basement, newer windows, larger lot, detached garage, newer siding and roof, 1100 sq feet, built in 1953.

Currently rented for $795.

Anyone have any experience in that area that can tell me if I am way off or in the ballpark?

Thanks in advance!

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