FEATURES:

–> A/C 2021
–> Water heater 2021

Located in Kissimmee, FL this home features 2 bedrooms, 2 bathrooms, a 1 car garage, a front porch, a screened in back patio, and over 1,000 sq/ft of living space. Offered at a great price this home is a dual threat opportunity with lots of equity for a flip and can also serve as a no brainer rental play, generating residual annual income!

REHAB: 

For a Rental this home should receive some selective updates with the option to do a full cosmetic update. Home is in good rental condition as is with some flooring needing updating, the bathrooms could use an update such as the vanities, and fresh paint should be applied throughout.

For max resale value for Flip it is recommended to update the kitchen, update the bathrooms, update the flooring, update the fixtures, apply fresh paint to the interior and exterior, and conduct some minor landscaping for curb appeal. New garage door would also be appealing for a Flip.

COMPS:

738 Del Rio Way – 3/2 with 1,008 sq/ft
$259K SOLD 3/15/2024 Built 1986
(new roof, no major updates)

880 Nelson Dr – 3/2 with 1,224 sq/ft
$279.5K SOLD 2/8/2024 Built 1989
(Updated)

135 Carlisle Ct – 2/2 with 858 sq/ft
$250K PENDING Built 1993
(CLEAN rental condition)

506 Everest Way – 3/2 with 1,026 sq/ft
$250K PENDING Built 1985
(rental condition)