OfferMarket

4306 Cypress Shores Dr, Mobile, AL 36619, USA

$169,500

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Photos of the property

Check out this amazing 4 bedroom, 3 bathroom home that’s perfect for flipping or renting out! The property features 1866 square feet of living space, all built on a sturdy brick slab foundation that’s stood the test of time since the late 60s. The home has been cared for and features several recent upgrades, including a brand new HVAC system that’s only 1.5 years old, a new water heater also only 1.5 years old, and a roof that’s only 15 years old. Inside, the home boasts custom tiling that was installed just 8 years ago, creating a unique and stylish living space that’s sure to impress. The kitchen appliances are all relatively new as well, having been replaced just 5 years ago. Although the flood zone status is known, the house sits on the highest elevation in the lot. The current owner has owned the home for 25 years and reports that it has never flooded during that time. Don’t miss out on this incredible opportunity to snag a great, above-market return on a property that’s perfect for flipping or renting out!
Loan Type Rate Points Term

DSCR ("Rental")

 6.5% - 8% 0.5 - 2 30 year

Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL")

 10.75% - 12% 1 - 2 6 - 18 months