Turn-Key Rental

Rental Return

Saint Cloud, FL 34769

Bedrooms: 3     Bathrooms:  1    SQFT: 992

Year: 1930     ARV: $125,000

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Saint Cloud Gem now available. The home has 992 square feet of living space, with 3 bedrooms, 1 bathroom and a detached garage. There is a newer roof, water heater and exterior paint.  The kitchen, bathroom, and floors were updated 4 years ago so rental rehab is very minimal.  If you want to rehab to flip you might want to update the electric and add central air. This area is generating tons of investment activity since it’s so close to the Lake Nona area. The home has been a solid rental for a couple years now and should continue with a new owner reaping the rewards of higher rent amounts in Saint Cloud. The current tenant is month to month paying less than market rent of $850 however, recent rental comps put market rent for this property around $1,150.

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