Here is your opportunity to get into a great market for under $80k. You will be getting this Eustis flip or cash-flow under market value. The property is currently rented for $650/month but market rent for similar houses is about $900/month.
If kept as a rental, this house is rental ready and you wouldn’t need to put much into it. For a flip, it will need cosmetic updates throughout.
There are a lot of flips moving in the immediate area. You currently have a 2/1 pending for $149k and when that closes your ARV will instantly go up.
Assignable
Est. Rehab: $0 – $15,000 +/-
Est. Monthly Rent: $650 – $900
Est. ARV: $125,000 +/-
Recent Area Sales / Activity:
- 1612 Morin St – 2/1, 895 SF – Pending at $149k
- 300 E Atwater Ave – 2/1, 780 SF – Sold 11/20/2020 for $125k
- Address: W Stevens Ave, Eustis FL 32726
- Price: $79,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 1
- Total Square Feet: 640
- Construction Type: Frame
- Year Built: 1976