Property Description:
This charming single-family home in Orlando is a fantastic opportunity for investors or first-time buyers. Orlando has a growing economy, affordable homes, and good potential for long-term growth, making it a great spot for a fix-and-flip. With increasing demand and rising home values, you can renovate and sell for a solid profit.
Currently featuring 3 bedrooms and 1 bathroom, the home does need some updates, including a roof and AC replacement, as well as some cosmetic improvements. With the right renovations, this property has great potential for a profitable flip or rental income.
Updated homes of similar size and style in the area are selling between $238 – $360 per square foot, with a projected ARV of $330,000. Additionally, the property presents an opportunity to take advantage of the 1% rule, with an estimated rental income of $2,150 per month.