1435 Strickland Bridge Rd, Fayetteville, NC 28304, USA

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Investor Special – 4 Bed / 2 Bath Opportunity

This 4/2 property offers strong potential as either a rental or a flip. The exterior is in decent shape with only minor touch-ups needed. Inside, the home requires cosmetic updates and some repairs, giving buyers plenty of room to add value.

Property Highlights:

4 Bedrooms / 2 Bathrooms

• Exterior in overall good condition – only minor work needed

• HVAC likely just needs a tune-up (currently dripping from vents)

• Interior needs paint and flooring updates

• Kitchen and bathrooms are outdated

• Main toilet leaking

• Soft spots in kitchen flooring

• Property currently has odor issues that can be addressed with rehab

• Tenants currently paying $850/month – rents can be raised to $1,500–$1,750 based on 17 comps within 1.5 miles over the last 12 months

• Renovation Estimates:

• Rental Grade Rehab: $20k–$25k

• Full Flip Rehab: $45k–$50k

• After Repair Value (ARV): $180,000

• PROPERTY WILL BE VACANT AT CLOSING

This is a great project for an investor looking for instant cash flow with tenants already in place, plus strong upside potential in equity and rental income after repairs.

Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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