Westbank owner financed single family with detached mother-in-law suite in rear. House has 2 bedrooms, 1 bath and a bonus room that can be 3rd bedroom. The detached ADU/MIL suite can serve as additional rental income. There is off-street parking, Central HVAC, and washer/dryer hookups. The detached suite has plumbing with a half bath.
The property is NOT in a flood zone and will be delivered vacant. The sale includes a brand new stove, buyer to supply their own washer/dryer. The property has an ARV of $225,000. Potential cash flow of $1,500/mo from the house and $750/mo from the detached ADU. Excellent opportunity to get in at a below-market rate, small down payment, and cash flow in a good neighborhood!
Owner financing terms:
$20,000 down
3-year balloon
5% interest
20-yr AM
Principal & Interest Payment $824/mo
Interested? Call or text Scott at (504) 475-4633