3 Beds   2 Baths   1,745 Sq. Ft.
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Koll Rd
Jennings, LA 70546

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Status: Inactive
Listing ID: 59862815
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Learn about Koll Rd in Jennings, LA

This property is available as a foreclosure at Koll Rd. It has 3 bedrooms, 2 bathrooms, and 1,745 square feet of living space. Based on our analysis of the current market conditions in Jennings for Koll Rd and comparable listings, the estimated market value is $230,076. The property located at has potential equity of $39,224. If purchased for rental purposes, the monthly rental rate could range between $1,121 and $1,520. For those interested in resale, the estimated profit from selling is $39,224. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Koll Rd are updated daily along with others in Jennings, Louisiana.

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Property Information

  • Price: $195,500
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,745
  • Total Rooms: 6
  • Parking: Carport (2 spaces)
  • HOA Fees: $0
  • Year Built: 1990
  • Additional Information: Eligible Bidders: All Bidders, 203K Eligible: Yes
  • Source ID: 221-574644
  • Day(s) On Site: 83
  • Input Date: 05-02-2023
  • Financing Type: FHA Insured

Public Records

  • APN: 0200034678
  • Property Type: Single Family Residence

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Koll Rd located in Jennings, LA is $1,320/month. Comparable homes around Koll Rd that are rentals have monthly ranges starting as low as $1,121 per month and as high as $1,520 per month. An owner looking to use this property as an investment could bring a return in the area of $1,121 - $1,520 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Koll Rd
Jennings, LA 70546

3 Beds   2 Baths   1,745 sq. ft.


Status: Inactive Listing ID: 59862815

Property Information

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Public Records

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Property Description

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