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🔥 OFF-MARKET SFH 4 Bed 2 Ba – FAIRFIELD, IA 🔥

4 Beds / 2 Baths • 1,984 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 4
Bathrooms 2
Year Built 1900
Approx.SqFt. 1984
Lot size SqFt. 7927
Garage Detached Garage

Description

🔥 OFF-MARKET INVESTOR OPPORTUNITY – FAIRFIELD, IA 🔥

📍 W Adams Ave, Fairfield, IA 52556

💰 Price: $69,500

Strong value-add opportunity on a larger 4-bedroom home with updated mechanicals and solid upside.

🏠 Property Details

4 Bedrooms | 2 Bathrooms
1,984 sq ft
Wood floors throughout
HVAC: 4 years old
Water Heater: 4 years old
Needs new roof
Functional layout, good bones

🔧 Condition Summary

Major systems already updated
Roof replacement needed (priced accordingly)
Light-to-moderate cosmetic updates recommended

📈 Value & Exit Strategy

Estimated ARV (After Repair Value):

➡️ $135,000 – $150,000

(Based on renovated 3–4 bed homes ~1,700–2,100 sq ft in Fairfield)

Estimated Rehab:

➡️ $25,000–$35,000

Roof replacement
Paint, minor updates, cleanup

Flip Potential:

➡️ Strong margin at current basis

Rental Comps:

➡️ $1,300 – $1,500/month for a 4BR/2BA in Fairfield

➡️ Solid cash-flow potential after rehab

💡 Investor Highlights

Large square footage for the area
Updated HVAC & water heater = reduced CapEx
Works as Flip | BRRRR | Long-Term Hold
Priced well below market for quick sale

⚠️ Terms

Sold AS-IS
Cash or hard money preferred
No wholesalers / no daisy chains

📲 Interested?

Contact Shaun Holyfield

📞 850-353-3661

Shaun Holyfield

Phone (850) 353-3661

Email sales@raymorganrealestate.com

Make an Offer

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