Quick Flip or Solid Rental
Spring Hill, FL 34606
Bedrooms: 3 Bathrooms: 2 SQFT: 1,232
Year: 1977 ARV: $148,000
Solid block single family home that will make for a nice, quick flip, or a great addition to any investor's buy & hold portfolio. Built in 1977 this home features 3 bedrooms, 2 bathrooms, and 1,232 square feet of living space. Looking at this one as a flip, there are several 2 bed, 2 bath homes in the immediate vicinity however, going back to July of 2018, there is a sale (4417 Essex Ln) at $145,000, that went to contract in only 32 days that is very comparable and only a few streets away from the subject property giving this home an ARV of $148,000 - $150,000. For investors looking to add a solid home to their rental portfolio, some interior paint, flooring, appliances, and minor cosmetics will get this property rent / move-in ready. Market rent for this property is expected to be between $1,150 - $1,200 / month giving a return of over 10% NET. Contact Florida Property Hub for more information and to schedule a showing of this home.
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