Additional Details

• Important Details: --> Assume M2M tenants @ $850/MO (Possible eviction) --> Flood Zone X (No flood insurance needed)
• Features: Dual threat opportunity at 105k in New Port Richey, FL! This 3-bedroom, 2-bath concrete block home offers 1,080 square feet of living space plus an additional 216 square feet from the enclosed rear lanai, providing extra usable area for added value or rental potential. Located in Flood Zone X, no flood insurance is required. With rents in the $1,600–$1,700/month range, this property offers strong upside as either a buy-and-hold rental or a profitable flip at an attractive entry point.
• Potential ARV: $220,000-$230,000
• Rehab Description: For a flip or rental, this property will require a full renovation. Start on the outside by replacing the roof and the AC unit. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
• Comparable Rent: $1600-$1700/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 4233 LAS VEGAS DR, NEW PORT RICHEY, FL 34653 3/1 1056 SQFT 1978 Build PENDING @ $207,000 (Only one bath/updated)
• Comp 1: 4318 MESA DR, NEW PORT RICHEY, FL 34653 3/2 1236 SQFT 1979 Build SOLD @ $235,800 6/12/25 (Bigger/some updates)
• Comp 1: 4215 PECOS DR, NEW PORT RICHEY, FL 34653 3/1 1356 SQFT 1977 Build SOLD @ $219,000 5/16/25 (Only one bath/bigger/updated)
• Comp 1: 6431 BUTTE AVE, NEW PORT RICHEY, FL 34653 2/1 936 SQFT 1980 Build SOLD @ $210,000 6/6/25 (Smaller/only 2-beds 1-bath/updated)
• Comp 1: 4150 PECOS DR, NEW PORT RICHEY, FL 34653 2/1 816 SQFT 1977 Build SOLD @ $206,000 7/28/25 (Smaller/only 2-beds 1-bath/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money