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Bring on the cash flow! This Daytona Beach 3/1 SFH is currently rented out month-to-month by the bedroom. The 2 bedrooms are bringing in $600/mo and the Master brings in $650/mo for a total of $1850/mo, which is pretty dang close to around a 20% return! An unpermitted improvement was done to add another bedroom and bathroom, so potential exists to increase rent by another $500-$600 per month.
Tenant occupied, drive-by only for now, call now for more info and to schedule a showing.
Daytona Beach, No HOA
Assignable
Est. Rehab: $10,000
Minimal repairs recommended but not required:
Roof repair (not replace): $5k
Upgrade Electrical Panel: $1k
Cosmetic Upgrades (kitchen, bathroom, flooring): $4k
Total: $10k
Current Monthly Rent: $1,850
- Address: Circle Drive, Daytona Beach, Florida 32117
- Price: $99,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3 (4)
- Bathrooms: 1 (2)
- Total Square Feet: 1038
- Construction Type: Block
- Year Built: 1961