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Here is an off market flip or cash flow in Lakeland.House is block construction with good bones. Roof is older but has no leaks. It’ll need a trash out and a full cosmetic rehab to maximize return on a flip. For a rental you can get away with a more moderate rehab and enjoy double digit yearly ROI.
Assignable
Winston Heights, No HOA
Est. Rehab: $35,000 – $40,000
Est. Monthly Rent: $1,200 – $1,300
Est. ARV: $150,000 – $155,000
Recent Area Sales / Activity:
- 942 Jane Ct – 3/2, 1064 SF – Sold 6/28/19 for $120k
- 3423 Kathy Ct – 3/1, 1148 SF – Sold 6/7/19 for $105k
- 3425 Doreen Dr – 3/1, 909 SF – Sold 5/17/19 for $145.7k
- 1188 N Galloway Rd – 3/2, 1663 SF – Sold 9/13/19 for $159k
- 3232 Crutchfield Rd Unit #1 – 3/2, 1632 SF – Sold 5/3/19 for $170k
- Address: Doreen Ct., Lakeland FL 33810
- Price: $87,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1300
- Construction Type: Block