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Archived 2 months ago

$155,000

5+ bd 2 ba 2450 sqft

3650 Williams ct, Avon, OH 44011

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$4,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Cherie Dale

πŸ”₯ Wholesale Investor Special – Avon OH – $155K πŸ”₯INVESTOR SPECIAL

πŸ“ Avon, OH 44011
πŸ’° Assignment Price: $155,000
πŸ“‘ Closing: 14 days or sooner, clear title

🚨 The Opportunity

1.83-acre lot in prime Avon location

Existing house = tear-down candidate/ or renovation

Minor FEMA AE flood zone corner β†’ easy fix with new build footprint

Sewer tap required (standard for new construction)

Gas well on property (setback manageable)

πŸ“Š Numbers

Acquisition: $155K all-in

Demo + site prep: ~$15K

New Build: $320K–$360K (2,000+ sq ft @ $160–$180/sf)

ARV for new builds in Avon: $525K–$625K+

Profit spread: $75K–$175K+

βœ… Deal Terms

Cash or hard money only

Property sold AS-IS

Must close with local title/escrow company

Location:

3650 Williams ct, Avon, OH 44011

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.