Back to Marketplace

Subject To
1 / 26
Subject ToSingle Family
SUBTO Manufactured Home in Locust Grove GA ๐ฅ๐ฅ Cash Flows on LTR ๐ฐ Retired Title ๐ No HOA or Rental Restrictions ๐ NO Pre-approval or Credit Check ๐ซ
Locust Grove, Georgia
๐ฅ 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:
๐๏ธ 4 bd
๐ฟ 2 ba
๐ 1,763 sqft interior
๐ฟ 0.40 acre lot
๐๏ธ 1998 build
๐ฅ Stone fireplace with built-in cabinets
๐ชต LVT flooring, new paint, new fixtures, new appliances throughout
๐๏ธ Covered front porch and outbuilding
๐ Totally fenced yard
๐ Retired title / on sewer / FHA eligible
โ
No HOA
โ
No rental restrictions
DEAL BREAKDOWN:
๐ฅ Deal type: Subto
๐ฅ $4k down + CC
๐ฅ $221k loan balance
๐ฅ 6.75% interest
๐ฅ $1,998.07 (First PMT AUG 1st)
๐ฅ $225k purchase price
๐ No prepayment penalty
๐ No balloon
โน๏ธ Property is in an active loan modification and terms are subject to change
OPPORTUNITY:
๐ธ LTR: $2,000-$2,200/month via Zillow comps
๐ธ STR: $2,800-$3,800/month via Awning
๐ธ MTR: $2,400-$3,200/month via FurnishedFinder
๐ธ Section 8: $2,100/month via HUD FMR
๐ธ Co-living: $175-$250/room/week via Padsplit
๐ 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 ๐๐
๐ Call 770-758-5654 for more info ๐
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


























