Light Rehab FLIP in Deltona, FL

House

1 acre

3 Bedrooms

2 Baths
Flip

$147,000

Status : Sold

Year Built : 1979

Description

The subject property is located in Deltona. We feel that it would make an excellent, easy flip because it is the cheapest 3/2 property in the entire city of Deltona (by ppsf) and has the potential to earn an investor a 14% ROI. It can be purchased for 144.9k, needs an estimated total of 15k-20k in repairs as a flip, so you would be all into the project for roughly 170,696. The flip comps of renovated homes in the area, lead us to believe this property has a ARV of 215k. This means an investor can walk away with an estimated net profit of 26k. Call or email your Stonebridge agent for more details. This property is certain to sell quickly.