Congress Ave., Daytona Beach, FL 32114

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Here is an opportunity for some good rental cash flow in the strong rental area of Daytona Beach. House is located very close to the beach, public transportation, and shopping.

House was originally built as a 3/2, but one of the walls has been removed to expand the living room. There is enough square footage in this house to replace the wall that was removed, returning it back to a 3/2. One of the bedrooms and bathrooms is an attached efficiency with a separate entrance. After replacing the wall, what you end up with is a 2/1 that should rent for $750-$850, and a 1/1 that should rent for $500-$600 a month. If you are really trying to maximize your profits, the oversized, detached garage could be rented out as a workshop for $300-$400 a month.

Most of the heavy lifting has already been done. Newer pressure treated exterior siding could use some paint. No noticeable soft spots on the hardwood floors, so they should just need to be refinished. Newer A/C system and roof on the house, but the detached garage will need a new roof. Both of the bathrooms will need minor cosmetics to get this to rent-ready condition, and some windows will need to be repaired or replaced.

SHOWING BY APPOINTMENT ONLY

Ridgewood Park, No HOA

Assignable

Est. Rehab: $15,000 +/-

Est. Rent: $1,250-1,450/month +/-

Est. ARV: $90,000