638 Terrace Dr

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

🏠 638 Terrace Dr, East St. Louis, IL 62203
2 Beds | 1 Bath | Price: $28,000 (Cash Only)
📈 ARV: $50,156–$65,000 | Gross Margin: $22,156+

Affordable Investment Opportunity – Vacant & Ready!

This vacant 2-bedroom, 1-bath single-family home offers a great chance to step into a cash-flowing rental or quick flip with minimal upfront cost. Located in a rental-friendly area, this property features a simple layout that’s easy to renovate and maintain.

🔑 Highlights:

• Vacant = Easy showings and quick access

• Rental Potential: $725–$825/month

• Straightforward rehab with low holding costs

• Positioned in a high-demand rental pocket

💼 Perfect for buy-and-hold or value-add investors seeking strong returns in a budget-friendly market.
📞 Contact us today to learn more or schedule a walkthrough!

Resources:

• The listing price is based on our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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