1590 W Ravine Ln, Dunnellon, FL 34434
SOLD! $65,990 - Single Family
Additional Details
- Contact: Christopher Williams @ (954) 807-9154 or cwilliams@propertyforce.com
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $150,000-$170,000
- Estimated Rehab: $15,000-$30,000
- Comparable Rent: $1,000-$1,200
- Construction: Frame
- Occupancy: Call your Agent
- Comp 1: 20920 PENNSLYVANIA AVE, DUNNELLON, FL 34431 - 2/1 854 sqft SOLD $175k in NOVEMBER 2022 3 DOM (1938 frame build, clean/basic finishes, carport, and .29 acre lot)
- Comp 2: 1695 W PINION LN, DUNNELLON, FL 34434 - 2/1 845 sqft PENDING $164k in NOVEMBER 2022 5 DOM (1988 build, basic rental condition, 1 car garage, and .41 acre lot)
- Comp 3: 20911 RIVER DR, DUNNELLON, FL 34431 - 832 sqft SOLD $175k in SEPTEMBER 2022 (1963 build, unknown condition, and .21 acre lot)
- Comp 4: 1658 W J WILLIAMS LN, DUNNELLON, FL 34434 - 3/2 1,200 sqft SOLD $150k in NOVEMBER 2022 (2002 mobile home, turnkey, no garage or carport, and .29 acre lot)
- Rehab Description: For a flip or rental this needs cosmetic updates to the kitchen, bathroom, flooring, appliances, and fixtures & the area doesn't call for high end finishes. Metal roof is in good condition. Some of the soffits/facia require attention. Central A/C appears to be in good visual condition and may just need to be serviced. The deck requires some maintenance. Optionally, add in a closet to the additional room to convert into a third bedroom to maximize value. Apply fresh interior/exterior paint, deep clean, and do some landscape clean up to freshen up the appeal!
- Features: Attractive, flip or rental play investment in Dunnellon! This two bedroom, one bathroom manufactured home features 1,056 living sqft, has an additional bonus room without a closet, a carport, with a storage shed and sits on a .25 acre lot. Being offered at an amazing price point for a solid flip or cash flowing rental in a quiet location. Don't lose out on this dual exit strategy deal!
- Important Details: --> Buyer agrees to assume current tenant renting $600/mo on a month to month basis. Tenant pays utilities
- Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab