Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $255,000 - $265,000
• Estimated Rehab: $50,000 - $60,000
• Comparable Rent: $1,800
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 1880 Myrtle Jo Dr, Ormond Beach, FL 32174 - 3 bd 2 ba 1,220 w/SqFt - Sold $285,000 on 05/05/23 - Frame/Updates
• Comp 2: 1193 15th St, Daytona Beach, FL 32117 - 3 bd2 ba1,270 SqFt - Sold $240,000 on 05/22/23 - Dated/CBS
• Comp 3: 1177 Manette Cir, Daytona Beach, FL 32117 - 3 bd2 ba1,189 SqFt - Sold $260,000 on 05/24/23 - Smaller/Updates
• Rehab Description: For a flip or rental this property will require a full renovation. On the outside, replace the roof, central A/C is approximately 8 years old and could be repaired or replaced, address the wood panels in certain places, apply fresh paint, and apply landscaping to boost curb appeal. On the interior, repaint throughout, replace the floors, remodel the kitchen, remodel the bathroom, and a deep cleaning.
• Features: Perfect opportunity to invest in Ormond Beach! Cash-Flowing $1000/month thru November 4th, 2023 this 2Bedroom 1 and 1/2 bath is a gem in the rough. A full renovation will have buyers lining up in the neighborhood and converting to a 3bedroom 2 Bath will have extra profits lining your pockets!
• Important Details: --> Buyer agrees to assume tenant on lease until November 4th, 2023 renting $1,000/mo.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab