rent to own home - Logansport, IN - a mobile or manufactured home

IF, this recently updated beauty was sitting on its own property, it would be priced at $120,000. The land is leased, like if you were to by a Condo, or paying a HOA (home owners association) fee. The monthly lot rent is collected from each home owner to maintain the streets, lighting, unoccupied lots, land taxes, management charges, trash removal, and underground utilities. Because this lot is leased, ($285.00 a month), the Sellers are asking $54,900, just what they have invested. Many Buyers have wanted it but, so far, none have been able to afford it. Renting to Own, is not an option because the owners are relocating out-of-state and would not be around to manage the property. For the right Buyer, it could be a good investment opportunity. Especially now the Sellers have dropped the price to rock bottom, $39,900.00. Whether you are buying a house to live in, or to rent for income, this is Turn-Key ready and worth the price. This recently updated Rochester home sits on a large corner lot in the Boulders Mobile Community, surrounded by wooded trails and access to the river, just outside the Logansport City limits. It has two x 6 outside walls newly replaced Thermopane windows wi...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID204862425
Living Area (sqft)1,612
Property TypeMobile or Manufactured Home

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