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Single Family
Built in 1977
3 beds
2 baths
2563 sqft
20,925 sqft lot
Attached 2-car
HOA $35/yr
Deal Type
Subject To
Cash to Close
$34,000 + CC/TC
Asking Price
$368,585
Existing Mortgage
Loan Type
VA
Estimated Loan Balance
$334,585
Estimated PITI
$2,270
Interest Rate
5.75%
Maturity Date
09-01-2054
Balloon
15 years
Property Highlights
All-brick construction — low maintenance, strong curb appeal
In-ground swimming pool with fenced yard
Holly Creek Subdivision — one of Anderson’s most desirable neighborhoods
0.48-acre lot with mature landscaping
Exit Strategies
Co-Living / Room Rental: $700–$900 per room
i.e. 7 bedrooms rented = $4,900-6,300/mo cashflow gross)
Long-Term Rental: $2,400/mo est.
Mid-Term Rental: $3,000-$3,200/mo est.
Light Rehab/Retail Sale: Modernize the kitchen and baths, refresh paint, and list at or above $385K. All-brick homes with pools in Holly Creek are in demand. Timeline: 90–120 days depending on scope.
Wrap: Sell at $385K on a wrap at 8–9%. Collect a $20–40K down payment to recover your entry cost, then earn monthly spread on the 2.75%+ rate arbitrage.
DISCLAIMER. Buyer is responsible for conducting their own due diligence. All terms are negotiable, and all offers will be considered. Buyer pays all closing costs. A $5,600 non-refundable Earnest Money Deposit (EMD) is required unless otherwise stated.
The seller either owns or holds an equitable contractual interest in the property being marketed. All property information has been obtained from sources such as the MLS, County Assessor, and Property Tax Office. While believed to be accurate, these details, including lot size, square footage, zoning, construction year, and property features are not guaranteed.
Buyer acknowledges that the property is being sold “as is, where is,” and that the seller makes no representations or warranties of any kind regarding the condition of the property. Buyers are advised to perform their own inspections and evaluations prior to making an offer.
WHOLESALERS. Interested in partnering on this deal? Let’s collaborate. Reach out before marketing or sharing this opportunity so we can confirm JV terms and keep communication clear. Text, email, or call us to discuss.
REALTORS. We welcome agent participation! Please note that the listed wholesale price does not include agent commissions. If you’re representing a buyer, you’re responsible for negotiating your commission directly with your client or adjusting your offer amount to include it.