Additional Details

• Important Details: --> Rented at $800/MO Month-to-month
• Features: Dual-threat opportunity for UNDER $50,000 in the heart of Sanford?! This 2 bedroom home features multiple exit strategies as a classic flip or as a cash-flowing rental. Located minutes away from Downtown Sanford and all it has to offer. Don't miss this one!
• Potential ARV: $165,000-$175,000
• Rehab Description: For a flip or rental, this property will require a full rehab.
• Estimated Rehab: $55,000-$65,000
• Comparable Rent: $1300-$1500/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 1807 W 3rd St, Sanford, FL 32771 2/1 975 SQFT 1957 Build PENDING @ $150,000 (Bigger/cash AS-IS sale)
• Comp 2: 1508 W 12th St, Sanford, FL 32771 3/2 903 SQFT 1929 Build SOLD @ $235,000 09/23/24 (Bigger/fully updated)
• Comp 3: 120 W 19th St, Sanford, FL 32771 2/1 1008 SQFT 1926 Build SOLD @ $190,000 09/09/24 (Bigger/dated)
• Comp 4: 1303 W 11th St, Sanford, FL 32771 3/1 864 SQFT 1958 Build SOLD @ $158,000 07/10/24 (Bigger/dated)
• Hard Money: - Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab