Available - Best deal in the subdivision EVER! Both by overall price and price per sqft

Investor Special or Instant Home Owner Equity- 5478 S Morrow Ave., Boise, ID.
Call Jon at 407.9546 or Blake at 921.5934 for more details

Excellent Deal from historical perspective- Priced to sell Yesterday! Prep bubble value
Cheapest house to EVER sell in the entire Subdivision!

This House
Year Assessed Value Sold on MLS
2010 $ 124,200
2008 $ 192,700
2006 $ 163,200 $ 179,990

Your price: $100,800. That almost $27,000 less than the cheapest house to ever sell in this subdivision! That was 5477 Morrow and it sold for $127,500 earlier this year. At this price it's just $67 per square foot! And it has brand new carpet throughout the house. Why so cheap? We bought this house at an auction and need to free up our cash to use on some other projects we have going on, and so we're looking to sell it as quickly as we can, even though it's a steal at this price.

Inexpensive, Turn-key Investment
The house is rent ready, tenants could move in today. There is new carpet and new paint already installed throughout the house. The back yard could use some attention, but nothing that needs to be done before someone were to move in. It's really in great shape.

Easy to rent - $1195/month - 9.8% Cap Rate after expenses
Located in a great subdivision. Click the link below for Rent Comps:
http://www.finestexpert.com/investment-property/For-Sale/5478%20morrow,%20boise,%20id
So it should rent for $1,195/month, and on a lease option you certainly could ask for more.

$400/mo Cash Cow from day 1:
Assuming a 30 year fixed 5.25% non-owner occupied loan (I'm closing on that exact loan right now for a triplex in Nampa), with a 25% down payment, you will cashflow $400/month after setting aside $75/month in planned maintenance and repairs.

House Specifics:
1502 sqft
3 bed 2 bath
2 car garage
.14 acre lot
Built in 2006

Best Deal Ever
Remember this is by far the best price on a house in this subdivision ever! Take advantage and make a great investment.

Call Today and put your money to work for you! Jon: 407.9546 or Blake: 921.5934

5478 S Morrow Ave