956 E Cantrell St

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Rehab Opportunity in Decatur, IL (62521) – Flip or Hold!

This Decatur fixer is the perfect light rehab for investors looking to capitalize on a budget-friendly deal with great upside. The property needs mostly cosmetic updates, making it a smooth project whether you’re looking to flip for profit or rent for strong cash flow.

ARV: 125k

 Estimated Rehab: 30k

 Asking Price: 40k

 Average Rental Rates: ~1,800/month

Condition:

 Roof- 14 years old with a 30-year warranty

 HVAC- Needs a copper line & Freon recharge

 Interior needs cosmetic updates throughout

COMPS:

 630 East Sheridan Cir. - Pending 144,900 (smaller but newer) 

 1112 Cantrell St - SOLD 55k (AS IS COMP, literally half the size)

 966 E Cantrell St - SOLD 49k (AS IS COMP)

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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