- Address: 229 Castleair Dr NE Kennesaw, GA 30144
- Inspection: Wednesday, September 19th at 11 AM ET
- Repairs: Please see description below
- Asking Price: $109,900
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Video <<
- Inspection Report: >> Click Here For Inspection Report <<
The contract for this three (3) bedroom, two (2) bathroom property at 229 Castleair Dr NE Kennesaw, GA 30144 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of 23% or greater with the contract for this property. Non-renovated homes like 5001 Ridgewald Ct (next door; smaller) have sold for $190,000 with other nearby, renovated homes selling for well over $200,000.
Landlord investors can expect rents of $1,400 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 11%!
Repairs Needed: This corner-lot home in a very good East Cobb school district needs some work, including patching a small hole in the new roof, improved plumbing, siding and wood rot, water heater and general bathroom and kitchen updates. Electrical and HVAC are good.
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property!
RSVP for our one and only inspection on Wednesday, September 19th at 11 AM ET.