Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $190,000 - $210,000
• Estimated Rehab: $10,000 - $25,000
• Comparable Rent: $1,350 - $1,400
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1218 Old Floral City Rd, Inverness, FL 34450 -- 2/1/812 sq ft -- SOLD $230k MAY 2022 -- (Dated, Larger lot)
• Comp 2: 1231 Rutgers Ter, Inverness, FL 34452 -- 2/2/953 sq ft -- PENDING $200k -- (Clean, updated flooring, 20% smaller sq ft)
• Comp 3: 1222 Fordham Ter, Inverness, FL 34452 -- 3/1/1058 sq ft -- SOLD $200k MAR 2022 -- (Sold $5k over ask! Dated, 10% smaller sq ft)
• Rental Comp: 3383 S Dalton Ter, Inverness, FL 34452 -- 2/2/1160 sq ft -- LEASED $1350/mo -- (Dated, Clean rental condition)
• Rehab Description: For a rental or a flip, a cosmetic update is optional. Begin with a trash-out and deep clean. The HVAC is newer and appears to be in good working order. Partial flooring needs to be addressed. The roof was refreshed in 2018 but could use patchwork above the sunroom.
• Features: DUAL-THREAT OPPORTUNITY!!! This 2-bedroom, 1-bathroom, CBS block home sits in a quiet residential pocket of Inverness. The home features a 1-car garage, an open floorplan, an air-conditioned sunroom, a screened-in back porch, a utility shed (with power), and a newly updated HVAC system. Located within five minutes from Inverness airport, a golf community, and Fort Cooper State Park, this property is in a PRIME location. Don't miss out on this opportunity!
• Important Details: Vacant at close!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab