SFH UNDER 80K WITH OVER 40K IN EQUITY & A QUARTER ACRE LOT

Description

Property Overview: The subject property is located in the city of Winter Haven. We feel that it would make an excellent rental because it is the 8th CHEAPEST, SFH in the zip code, out of 155 available properties. This property has the potential to earn an investor a 15% ROI. It can be purchased for 79,900, needs no rehab as a rental, so you would be all into the project for roughly 84,000. The Flip comps of renovated homes in the area, lead us to believe this property has an ARV of 125,000. With this deal having over 41k in Equity, this makes an excellent addition to any portfolio or first time Investment. This property is certain to sell quickly.
Newer Roof.
New AC & Air Handler
New Kitchen counters, cabinets, and appliances.
Fully renovated Baths.
Brand new Tile, and laminate.
Newer Windows.
15,000 Sqft Lot.
R-1 Zoning

Rent Rehab: None.