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Subject ToSingle Family

SUBTO Manufactured Home in Locust Grove GA ๐Ÿ”ฅ๐Ÿ”ฅ Cash Flows on LTR ๐Ÿ’ฐ Retired Title ๐Ÿ“‹ No HOA or Rental Restrictions ๐Ÿ˜ NO Pre-approval or Credit Check ๐Ÿšซ

Locust Grove, Georgia

๐Ÿ”ฅ LOCUST GROVE GA INVESTORS THIS FULLY UPDATED MANUFACTURED HOME CASH FLOWS ON DAY - NO PMT TIL AUGUST Subject-To Deal With Retired Title Is LIVE NOW! This beautifully updated 4 bed / 2 bath, 1,763 sqft manufactured home in Locust Grove sits on a large fully fenced lot with a covered front porch, outbuilding, and stone fireplace with built-in cabinets that makes it feel like home the moment you walk in. Brand new flooring, paint, fixtures, appliances, and blinds throughout mean this property is truly move-in ready with zero work left to do. With LTR income coming in at $2,000-$2,200/month against a $1,998.07 PITI, this deal cash flows as a straight rental from day one. Step in for just $5k and start collecting immediately. **NO Payments until August 1st!!** PROPERTY DETAILS: ๐Ÿ›๏ธ 4 bd ๐Ÿšฟ 2 ba ๐Ÿ“ 1,763 sqft interior ๐ŸŒฟ 0.40 acre lot ๐Ÿ—๏ธ 1998 build ๐Ÿ”ฅ Stone fireplace with built-in cabinets ๐Ÿชต LVT flooring, new paint, new fixtures, new appliances throughout ๐Ÿš๏ธ Covered front porch and outbuilding ๐Ÿ”’ Totally fenced yard ๐Ÿ“‹ Retired title / on sewer / FHA eligible โœ… No HOA โœ… No rental restrictions DEAL BREAKDOWN: ๐Ÿ”ฅ Deal type: Subto ๐Ÿ”ฅ $4k down + CC ๐Ÿ”ฅ $221k loan balance ๐Ÿ”ฅ 6.75% interest ๐Ÿ”ฅ $1,998.07 (First PMT AUG 1st) ๐Ÿ”ฅ $225k purchase price ๐Ÿ‘ No prepayment penalty ๐ŸŽˆ No balloon โ„น๏ธ Property is in an active loan modification and terms are subject to change OPPORTUNITY: ๐Ÿ’ธ LTR: $2,000-$2,200/month via Zillow comps ๐Ÿ’ธ STR: $2,800-$3,800/month via Awning ๐Ÿ’ธ MTR: $2,400-$3,200/month via FurnishedFinder ๐Ÿ’ธ Section 8: $2,100/month via HUD FMR ๐Ÿ’ธ Co-living: $175-$250/room/week via Padsplit ๐Ÿ“ See mortgage statement in 'Documents' below A fully updated, move-in ready home in a growing Henry County market with multiple cash flowing exit strategies and a retired title already handled. LTR, STR, MTR, Section 8, and co-living all clear the payment making this one of the most flexible deals on the market right now. Reach out RIGHT NOW to grab the full deal package before this is gone. First come first serve ๐Ÿƒ๐Ÿƒ ๐Ÿ“ž Call 770-758-5654 for more info ๐Ÿ“ž
4 Beds
2 Baths
1,768 Sqft
1998 Built

Deal breakdown

Entry fee / down
$4,000
Loan balance
$221,000
Interest rate
6.75%
Monthly PITI
$1,998

Property details

Property type
Single Family
Deal type
Subject To
Year built
1998
Square feet
1,768
Bedrooms
4
Bathrooms
2
Location
Locust Grove, Georgia
ARV
$200,000

Location

Approximate area - request the address for the exact location