Casselberry Cash Cow ROI 60K! For Sale

  • $107,000
  • 3 beds
  • 2 baths
  • 1151 sqft

Property Description:

Presenting the least expensive property — by $60,000 — in the 32707 zip code of Casselberry. Over the last 225 days, only six mobile homes have either gone pending or sold. Note that there is no lot rent or HOA. The land comes with the purchase, and it’s on public sewer and public water. The mobile home is a 3/2, with 1,151 square feet, and built in 1979. The location is prime with Winter Park, Longwood, and Altamonte all close by.

As a buy-and-hold, once rehab is completed, start collecting a top-level return on investment that comes with over $40,000 in equity. Similar properties rent from $1,800 – $2,000 per month.

If flipping, there are two MLS comps providing a solid relist price point. Adjustments have been made for the square footage. We are being conservative in the after-repair value (ARV).

We recommend replacing the flooring, kitchen, bathrooms, and interior/exterior paint. See below for the detailed rehab projection.

Price:
$107,000
Address:
Bayou Dr
Casselberry, FL 32707
Square Feet:
1151
Lot Size:
6,000 sqft
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Manufactured
Year Built:
1979
MLS #:
$240,000

Call (321) 379-5777 for more details

Property Location