VACANT and Ready STRAIGHT SUB TO @ 3.25% INTEREST! Mountain Views and Horse Barn: Fort Jones, CA

Description

FORT JONES, CA
Tremendous 3.25% Built-in Financing with 13% Down!!!

Get ~$64K Equity + Amazing Built-in Financing + Cash Flow Rental or Live in in Home with Housing Payment Cheaper than Market Rents!

PROPERTY HIGHLIGHTS
✨ ARV: ~$450,000

✨ Price: $385,250

✨ Rental Estimate: $ 2,400

✨ 3 beds | 2 bath 1,780 sq. ft.

✨ 3 acres lot, Built 1981

✨~ $64K in Equity, plus option to take over very low interest rate Financing

✨ Siskiyou County

This 3-acre Scott Valley property hosts a charming 3-bed, 2-bath home with breathtaking valley and mountain views. Ideal for horse enthusiasts, it includes a small barn with three stalls and hay storage. The home features vaulted ceilings, wood details, skylights, and a redwood deck showcasing Marble Mountain vistas. Stainless steel appliances, tile counters, and a spacious layout adorn the kitchen and bathrooms. With two parcels, each having a well, there’s potential for a separate residence. Secluded yet close to town, it offers fenced corrals, a detached garage, and a peaceful countryside lifestyle.

FINANCIAL DETAILS:

➡️ Only 13% Down ($60k)

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➡️ 1st Mortgage Balance: Sub2 ~ $314,575

➡️ Interest rate: 3.25%!!!

➡️ PITI: $2,000 (except insurance)

➡️ Market Rental Estimate: $2,400 – 3,000/mo (has three horse barn – Cash flow potential! )

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➡️ EMD to secure this Deal: $5,000

💰 DOWNPAYMENT: $60K (Includes assignment and down payment, Reinstatement) + CC