Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $210,000 - $230,000
• Estimated Rehab: $10,000 - $25,000
• Comparable Rent: $1,500 - $1,600
• Construction: CBS
• Occupancy: Vacant at close!
• Rehab Description: For a rental or flip, start with a deep clean. Kitchen and bathrooms updates are optional as property is in marketable condition as is. If trying to fetch higher ARV, it is recommended to update cosmetics. Roof and HVAC are both newer. Minor fixtures need to be replaced. Lastly, apply some fresh paint to the exterior to boost curb appeal!
• Features: DUAL THREAT OPPORTUNITY in Inverness, FL! This 3 bed, 1.5 bath features newer CBS construction from 1993, a 1 car garage, and on a spacious lot!! Don't miss out on this opportunity to grab a rental with equity or an easy flip.
• Comp 1: 230 S SAVARY AVENUE, INVERNESS, Florida 34453 -- 3/2/1014 sqft -- SOLD $232k JUN 2022 -- (1 car garage, clean)
• Comp 2: 2904 MONROE STREET W, INVERNESS, Florida 34453 -- 3/1/1096 sqft -- SOLD $213k SEP 2022 -- (Only 1 bath, 1 car garage, clean)
• Comp 3: 3309 E DEAL ST, INVERNESS, Florida 34453 -- 2/1/908 sqft -- SOLD $195k NOV 2022 -- (1 less bed, 1 less bath, 1 car garage, clean)
• Rental Comp: 477 S Savary Ave Unit 1, Inverness, FL 34453 -- 3/2/1296 sqft -- Leased @ $1,700 in OCT 2022 -- (Dated, slightly larger)
• Rental Comp: 1900 Flame Bush Ter, Inverness, FL 34453 -- 2/2/1021 sqft -- Leased @ $1,400 in NOV 2022 -- (Dated)
• Important Details: --> Vacant at close! --> Newer Roof done in 2022 with permits! Newer HVAC as well. --> Market rents $1,500-$1,600
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab