Creative On Market Subject -To Opportunity For Sale

  • 5 beds
  • 3 baths
  • 2530 sqft

ON-MARKET LISTING LINK

This one is ready to go — clean subject-to setup on a newer home with a strong underlying loan.

Deal Snapshot:

• Purchase (Sub-To): ~$450K
• Underlying Rate: 5.99%
• Payment: ~$3,500/mo
• Reinstatement: ~$35K
• Seller Payout: ~$5K–$10K
• HOA: ~$1K/year
• 2017 DR Horton Home  | 500 Club Golf Course + Pool Community

The Play:

This is NOT a basic rental deal

Best use:
Lease Option (primary exit)
• Retail reposition
• Mid-term rental (backup)

Example play:
• Exit: $500k+
• Collect upfront (option fee)
• Monthly spread + backend profit

Read This:

If you’re looking for a cheap cash flow rental… this ain’t it.

If you understand:
✔ Creative finance
✔ Exit strategy
✔ Positioning deals

👉 This is a solid opportunity

Serious inquiries only. Deals like this don’t sit.

Address:
118 Margo Lane
Statesville, NC 28677
Square Feet:
2530
Lot Size:
0.14 Acres
Bedrooms:
5
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
2017
MLS #:
4316094

Additional Features

Golf Course - Tennis Courts - Outdoor Pool - Granite in the Kitchen - Stainless Appliances - Open Floorplan

Call 980-303-5371 for more details

Property Location