🏡 New Goodwater Deal – Affordable, Easy, Profitable!

Affordable and full of potential — this 3-bedroom, 1-bath single-family home in Goodwater sits on a spacious 0.6-acre lot, offering plenty of room to grow. With a new roof (2018), new water heater, and updated bathroom, this home needs only light cosmetic updates to become rental-ready or a strong starter flip.

🌟 Property Highlights

3 Bedrooms / 1 Bathroom

1,176 Sq Ft | Built 1954 | Lot Size: 0.60 Acres

Roof replaced in 2018 – good condition

HVAC: New window unit

Flooring: Carpet & linoleum – replace with LPV

Kitchen: In good shape, includes stove (no fridge)

Bathroom: Updated & move-in ready

Water Heater: New

Yard: Large lot with great outdoor potential

Note: Ceiling in the back room & bathroom is lower than standard height — may not be ideal for taller individuals.

🛠 Recommended Repairs

Fresh interior paint

Replace flooring (LPV recommended)

Add refrigerator & light fixtures

Minor cosmetic updates

💰 Estimated Repair Cost: ~$10K

📈 Investment Potential

All-In (Rental Ready): ~$80K

Rental Estimate: $850–$950/month

Cap Rate: 10–12% (based on repair-grade finishes)

This property offers low risk and steady returns — perfect for investors looking to add a budget-friendly rental or light flip to their portfolio.

📲 Call or text Lanier at 334-201-0507 to schedule a viewing or submit your offer.

Comps/ARV

ARV: $90K–$100K

Comp 1:  14 Baytree St, Goodwater sold for $126,000 @ $104/sqft and is  a 2/1 1214 sqft on 9/05/2025 

Comp 2:  173 Enis Berry Ln for $89,900 @ $93/sqft and is  a 3/1 966 sqft on 9/12/2025

Comp 3:  735 Willow St sold for $84,000 @ $55/sqft and is  a 3/2 1516 sqft on 7/29/2025

Comp 4:  440 Scott Rd sold for $110,000 @ $99/sqft and is  a 3/1 1110 sqft on 4/25/2025