Just when you think interest rates, real estate, and home insurance costs have soared to levels that are hopelessly out of reach, up pop a handful of prime properties that prove, yes, you can own a home!
Seriously, we were staggered by these five little treasures, all listed for under $100,000. One of them even comes furnished.
At this point, the term “income property” might come to mind—as all are ripe for renting out.
Take a look at these five homes. You’ll be just as surprised as we were!
1. 4216 Preston St, Rockford, IL
Price: $99,900
Rocking in Rockford: This adorable log home might not be expertly staged, but isn’t it easy to envision living happily in the roomy, two-bedroom abode on Rockford‘s west side? And Rockford looks like a market on the rise—it recently cracked our list of the nation’s hottest housing markets.
Sitting on a green and shady lot, the cute-as-a-button cabin was originally constructed in 1940 and has since been completely remodeled with updated screened porches on two sides. Other highlights include a wood-burning stove and a large eat-in kitchen. Short-term rental income is also a possibility here.
2. 18177 Heyden St, Detroit, MI
Price: $98,900
Dandy in Detroit: Shut the front door! This three-story, brick house not only comes stylishly furnished but also with brand-new appliances, a mounted television, and a security system. It’s been around since 1940, but it’s been recently renovated inside and out.
Featuring 966 square feet and two bedrooms, the place has new drywall and paint throughout. Other upgrades include a complete kitchen revamp, recessed lighting, and a new HVAC system. And in the refinished hardwood floors, some of the home’s original charm remains.
The fully finished basement is a real bonus, offering options for a third bedroom, home office, or additional living space, as well as another full bathroom.
3. 3450 Trout River Blvd, Jacksonville, FL
Price: $99,900
Fine in Florida: Land ho! Not only is the lot larger than a half-acre, but the all-brick ranch house has three bedrooms in 1,638 square feet of living space.
The single-level home was built in 1937 but has been refurbished over the years. There’s plenty of open and bright living space, thanks to the generous windows; and the wraparound front porch begs for rocking chairs.
While there’s lots of foliage on the grassy lot, one of the location’s biggest perks is that it’s right across the street from the Trout River and all the water sports that come with it. Yet, it’s also an easy drive to Jacksonville‘s numerous amenities.
4. 507 2nd St SW, Rugby, ND
Price: $85,700
Nifty in North Dakota: Built in 1940, this cozy cottage has two bedrooms in 1,696 square feet of living space.
The sparkling-white kitchen is a standout, with its wood-look flooring. There are also several extras, including a family room with new carpet and an adjacent area that could be used as a craft room or an office.
In addition, there’s a wooden deck on the back of the house and a basement with an unusually spacious bath and laundry room. Elsewhere on the grassy lot, there’s a detached, one-car garage with alley access. Plus, Ellery Park is only a block away.
5. 424 McBride Ave, Dupo, IL
Price: $99,000
Down home in Dupo: Here’s the perfect farmhouse cottage! Built in 1931, it’s teeming with curb appeal. With an updated and contemporary interior, the cozy home offers two bedrooms in 832 square feet.
A newly renovated kitchen is especially nice, with its sleek countertops, stainless steel appliances, and ample cabinet space. There’s new paint and flooring throughout; but there are also some nice original features, including stained-glass windows.
You’ll find lots of extra space in the unfinished basement, on the gracious covered front porch, and in the oversized garage with a designated workspace. There’s also a fenced yard, especially nice for families with pets and children.
