Treadway Dr., Deltona, FL 32738

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This is a clean 3/2/1, 1320 SF, Deltona flip or cash-flow that is only a few blocks from Theresa Lake.

Property is pretty much turn-key, but the main value that will be added is from adding a new roof. There are also updates to the bathroom that should be done if you are going to flip this property.  The rehab shouldn’t cost more than about $15,000.

The comps justify around $125/SF, which puts you right around $165k. This makes for a pretty good profit for such little work.

Deltona Lakes, No HOA

Est. Rehab: $15,000

Est. ARV: $165,000

Recent Area Sales / Activity:

• 2642 Treehaven Dr – 3/2, 1288 SF – Pending for $179k
• 2441 Newmark Dr – 3/2, 1264 SF – Sold 7/13/18 for $161.5k
• 986 Centennial Ave – 3/2, 1348 SF – Sold 5/15/18 for $175k
• 1118 Humphrey Blvd – 4/2, 1523 SF – Sold 6/22/18 for $190k
• 1136 Prescott Blvd – 3/2, 1303 SF – Sold 5/25/18 for $190k