Wholesale Fix And Flip

Great location in Houma, LA!!

253 Palm Ave, Houma, LA 70364

$150,000 After Repair Value -
$69,900 Asking Price -
$35,000 Cost of Repairs =
$45,100 Potential Profit

Property Details

Asking Price $69,900

After Repair Value $150,000

Costs of Repairs $35,000

Potential Profit $45,100

Living Area 1180 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $1,200

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

This property is walking distance to a large hospital which would make an excellent long-term or short-term rental. The property features a large extra room which could be easily converted into an extra bedroom, office, or both! The ARV is $150,000 and comparable homes in the area rent for $1100 - $1200 / month. The house needs work, but has an excellent floorplan. There is a large backyard and new construction next door. The exterior home is in fairly good shape and the roof is only 2 years old!

Repairs Needed

The interior of the home would need a full remodel. The exterior is in fairly good shape and the roof is only 2 years old.

CONTACT LISTING OWNER

Tom Weber

Free Member

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 253 Palm Ave, Houma LA

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in Lousiana! Check Deals in Lousiana

Le Petite Ct

HOUMA, LA

Fantastic Deal Below Market value

After Repair Value $325,000

- Asking Price $220,000

- Repair Costs $37,000

23%

Potential Profit

$68,000

2053 LA10

JACKSON, LA

COMMERCIAL BUILDING FOR SALE, LINDA KARAM, BROKER, KARAM & CO., LLC 225-888-4777

After Repair Value $300,000

- Asking Price $250,000

- Repair Costs $0

16%

Potential Profit

$50,000

1555 Summers St

SHREVEPORT, LA

Fix & Flip 35% Under Market Value

After Repair Value $40,000

- Asking Price $23,000

- Repair Costs $10,000

23%

Potential Profit

$7,000

10217 Pine Island Hwy

WELSH, LA

Nice Fixer Upper

After Repair Value $25,000

- Asking Price $25,000

- Repair Costs $0

0%

Potential Profit

$0

414 Perkins St

SULPHUR, LA

Spacious for a 1 bedroom

After Repair Value $110,000

- Asking Price $94,500

- Repair Costs $0

14%

Potential Profit

$15,500

505 Louise St

BATON ROUGE, LA

? BATON ROUGE SFH - Needs Full Rehab ? Only 35K

After Repair Value $87,000

- Asking Price $35,000

- Repair Costs $30,000

38%

Potential Profit

$22,000

10110 Hoo Shoo Too Rd

BATON ROUGE, LA

3/ 2.03 ACRE LOTS AVAILABLE OFF OF HOO SHOO TOO RD

After Repair Value $189,500

- Asking Price $189,500

- Repair Costs $0

0%

Potential Profit

$0

634 Orange St

LAKE CHARLES, LA

Perfect family home in central southwest Louisiana

After Repair Value $180,000

- Asking Price $85,000

- Repair Costs $40,000

39%

Potential Profit

$55,000

610 David Street New Orleans 70119

NEW ORLEANS, LA

MidCity Builder\'s Dream LOT in great location !

After Repair Value $550,000

- Asking Price $215,000

- Repair Costs $150,000

46%

Potential Profit

$185,000

7605 Lotus Ln

SHREVEPORT, LA

Mobile Home Park for Sale

After Repair Value $585,000

- Asking Price $250,000

- Repair Costs $0

57%

Potential Profit

$335,000

2337 Tennessee St

NEW ORLEANS, LA

Cheap Investors Lot 4 Sale 14k

After Repair Value $140,000

- Asking Price $14,000

- Repair Costs $0

90%

Potential Profit

$126,000

Twin Lakes Blvd

PARISH GOVERNING AUTHORITY DISTRICT 9, LA

25 lots in Twin Lakes Estates Subdivision for a BULK sale- 14 acres

After Repair Value $612,500

- Asking Price $612,500

- Repair Costs $0

0%

Potential Profit

$0

61308 Forest Dr

LACOMBE, LA

Newly renovated property under market value!

After Repair Value $172,000

- Asking Price $168,000

- Repair Costs $0

2%

Potential Profit

$4,000

7832 Hyacinth Dr

KEITHVILLE, LA

Gated Lakefront property

After Repair Value $191,000

- Asking Price $184,900

- Repair Costs $0

3%

Potential Profit

$6,100

8915 Anne Ave

SHREVEPORT, LA

Updated, Rent Ready property in Shreveport.

After Repair Value $90,000

- Asking Price $80,000

- Repair Costs $0

11%

Potential Profit

$10,000

12565 Lorna Ave

BATON ROUGE, LA

Hot home affordable price

After Repair Value $200,000

- Asking Price $150,000

- Repair Costs $0

25%

Potential Profit

$50,000

1069 Patrick Rd

NATCHITOCHES, LA

Double wide manufactured house

After Repair Value $0

- Asking Price $42,000

- Repair Costs $0

0%

Potential Profit

$0

6903 Bethany St

SHREVEPORT, LA

Investor special..!

After Repair Value $34,000

- Asking Price $14,000

- Repair Costs $10,000

41%

Potential Profit

$10,000

112 Sally Rd

WEST MONROE, LA

Single Family Home Located in a Quiet Area!

After Repair Value $32,900

- Asking Price $12,900

- Repair Costs $0

60%

Potential Profit

$20,000

601 W Palmetto St

AMITE CITY, LA

Awesome Investment Property, Below Market Value

After Repair Value $70,000

- Asking Price $30,000

- Repair Costs $25,000

33%

Potential Profit

$15,000