© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.

Offer insights

Choose an offer strength

List price: $109,000

$108K–$109K

70% to 90% chance of a winning offer

Just under asking — competitive when the home is fresh.

Veribas Valuation: $123,000 — asking sits below our value; strong offers here still buy under market.

Balanced-market odds from list price and typical winning offers — your agent tunes this to the street. Ask a Veribas agent before you commit a number.

Veribas Rental Valuation

If you rented it out · estimated from sale value

$1,000/morange $900 – $1,10011.0% gross yield

Estimated from this home's value — not enough similar rentals nearby for a direct comparison.

207 Lakeview Court6 bd · 5 ba · 4,861 sqft · 9.8 mi away · leased$4,200/mo

Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.

Fix & flip numbers

Renovated homes like this one sold for about $242,094 nearby: the median price per square foot of 4 renovated sales within 1 mile in the last 18 months. Change any number to run your own deal.

Rehab scope

Kitchen, baths, floors, paint, some systems

Purchase price70% rule max: $89,861After-repair valueRehab budget$45/sqftMonths held

After-repair value$242,094

Purchase price−$109,000

Rehab−$79,605

Buying costs (2%)−$2,180

Holding, 6 mo (loan, taxes, insurance, utilities)−$11,316

Selling costs (8% of ARV)−$19,368

Estimated profit$20,625

$202,101 all-in · 10% return on cost

Walk it with an agent More fix-and-flip homes →

Investor figures are automated estimates, not an appraisal or an offer of financing. The after-repair value is the median price per square foot of renovated homes that sold nearby in the last 18 months, applied to this home’s size; rehab and holding costs are typical budgets, not a contractor’s bid. Walk the home with a contractor and confirm the comps with your agent before you offer.

Payment calculator

$774/mo

Principal, interest & taxes · $806/mo with home insurance

Principal & interest$665

Property taxes$109

Home insurance$32

Down payment$10,900 (10%)

Interest rate7.180%

Starts at today’s national average for a 30-year fixed, 7.18% (week of Nov 5). Not an APR or a loan offer. Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.

Assumable loan?

If the seller has an FHA, VA or USDA mortgage, you may be able to take it over and keep their rate, often far below today’s. This listing doesn’t say. Ask, and a Veribas agent will check the seller’s loan and tell you the rate, the balance and what you’d need down.

108 N 13th Avenue, Lanett, AL 36863

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