🏠PRICED TO SELL! – Light Flip or BRRR — GEM in Winter Haven, FL ğŸ

Description

💰 ASKING PRICE: $162,500

Summary:
High ROI Potential: Significant profit margin with minimal investment.
Strong Rental Market: High demand for rentals in the area.
Solid Investment: Located in a neighborhood with increasing property values.

🔑 Key Features:
Type: Single Family Home
Size: 1,110 Sq Ft
Bedrooms: 3
Bathrooms: 2
Year Built: 1977
Lot Size: 6,495 Sq Ft
Occupancy: Will be vacant in 2 weeks
Condition: Needs light cosmetic rehab ($10,000 – $15,000)

🌟 Unique Features and Benefits:
Prime Location: Situated in a desirable neighborhood in Winter Haven, close to schools and amenities.
Easy Fix and Flip: Minimal rehab required, making it perfect for a quick turnaround.
Excellent for BRRR: Ideal for the Buy, Rehab, Rent, Refinance, Repeat strategy due to strong rental demand.

💼 Investment Potential:
ARV (After Repair Value): $240,000 – $250,000 (based on comps)
Estimated Rehab Cost: $10,000 – $15,000
Estimated Profit: $60,000 – $75,000 (Minus Holding + Closing Costs)
Average Rent: $1,900-$2,000

📊 Comparable Sales:
1501 Foxridge Run SW, Winter Haven, FL 33880 – Sold for $250,350 (3 beds, 2 baths, 1,066 sq ft)
263 Cherry Laurel Ln, Winter Haven, FL 33880 – Sold for $250,000 (3 beds, 2 baths, 1,312 sq ft)
1826 Nottingham SW, Winter Haven, FL 33880 – Sold For $264,500 (3 beds, 2 baths, 1,150 sq ft)