Owner
$129,330
1350 E CONRAD RD, SCOTTVILLE, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
Yes
beds
0
baths
0
sq. ft.
0
property type
Single Family Residential
hoa
No
About
Residential
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
—
Building Size
0 sq ft
Lot Size
183,388 sq ft
Lot Size (Acres)
4.21 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
003-020-007-00
County
Mason County, MI
Metro Area
Ludington, MI
Zoning
—
Neighborhood/Subdivision
—
Lot Number
—
School District
Mason County Central Schools
Legal Description
S 390 FT OF E 470.47 FT OF SW 1/4 OF SE 1/4 SEC 20 T18N R16W 4.21 A M/L
Tax & Value Information
Market Value (Total)
$111,800
Building Value
$0
Land Value
$111,800
Annual Property Tax
—
Tax Assessment Year
—
Assessed Value
$55,900
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/1/1990
Recording Date
4/1/1990
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$5,004
Return on Investment
15.60%
After Repair Value
$142,263
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$116,397
Renovation Cost
$6,467
Closing Costs (buying)
$2,328
Holding Costs
$3,531
Selling Costs
$8,536
Total Investment
$32,074
After Repair Value (ARV)
$142,263
Total Costs
$137,259
Estimated Profit
$5,004
Cash Invested
$29,746
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area