🏠 1 Rule Rental Opportunity in Daytona Beach, FL 🏠

Description

DETAILS
Bedrooms: 3
Bathrooms: 2
Square Footage: 1444
HVAC: in working condition
Roof: Shingle/7years/Good condition
Windows: Original/Leap Window/slider windows
Water Heater: Yes/Electric/in working condition/10 years old
Floor: Concrete/Carpet/Carpet is old and is being removed
Parking: 2 car attached garage/ 2 car driveway parking
HOA: No
Points of Interest📍

Walmart – 7 min (1.9 miles)
Winn-Dixie – 4 min (1.1 miles)
Gas Station – 5 min (0.2 mile)
Barwick Banking Company- 3 min (1.3 miles)
COMPS:
1303 Westwood Dr, DAYTONA BEACH, FL 32117

SOLD ON FEB 9, 2024 FOR $225,000

4 Beds | 2.5 Baths | 1,580Sq Ft

612 Easy St, Daytona Beach, FL 32117

SOLD ON OCT 25, 2023 FOR $255,000

4 Beds | 2 Baths | 1,309 Sq Ft

1437 Sunset Blvd, DAYTONA BEACH, FL 32117

PENDING ON FEB 10, 2024 Price $239,000

2 Beds | 2 Baths | 1,340 Sq Ft

RENTAL COMPS:
736 White St, Daytona Beach, FL 32114

$1,800/mo 3 bd | 2 ba | 1,092 sqft

834 8th St, Holly Hill, FL 32117

$3,000/mo | 3 bd | 2 ba | 1,170 sqft

1468 Wildrose Ln, Daytona Beach, FL 32117

$2,025/mo 3 bd | 2 ba | 1,325 sqft

Rent for the area for similar properties is $1,800-$3,000/mo.

With 75% LTV loan, 30 years at 8% interest you can receive a 49% cash on cash return.