Additional Details

• Important Details: --> Vacant at close -->0.51 Acre lot
• Features: Under 80k in Covington, GA! Great entry point with flip or long-term rental potential. This 3-bedroom home offers 1,112 SQFT and sits on a large .51-acre lot, adding strong upside. The property will be vacant at close, allowing you to start renovations immediately. With solid fundamentals and room to add value, this is a straightforward investment opportunity in a growing Covington market.
• Potential ARV: $190,000-$200,000
• Rehab Description: For a flip or rental, this property will require a complete rehab, and it is recommended to reconfigure the layout into a 3/2 to maximize resale value. The roof is approximately 10 years old, while everything else will need to be addressed inside and out. The property is partially gutted and ready for your finishes, allowing for an efficient renovation and value-add opportunity.
• Comparable Rent: $1500-$1600
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 8216 Lakeview Dr, Covington, GA 30014 3/2 1232 SQFT 2002 Build PENDING @ $199,000 (Clean/some updates/newer build)
• Comp 2: 9150 Spillers Dr SW, Covington, GA 30014 3/2 1172 SQFT 2001 Build (Clean/some updates/newer build)
• Comp 3: 9106 Woodhaven Dr NW, Covington, GA 30014 3/1.5 1269 SQFT 1964 Build SOLD @ $185,000
• Hard Money: Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money