Cheap Winter Park Condo

Cheap Winter Park Condo

1 bed 1 bath 809 sq ft Built in 1974 Condominium
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72
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Here’s an affordable opportunity in Winter Park. This first-floor 1-bedroom, 1-bathroom condo will need updates and repairs, but it remains one of the lowest-priced units in the area. 

After renovations, we estimate an ARV of $105,000 and a market rent of approximately $1,250 per month. With an HOA fee of $400 per month, the gross rent should comfortably cover expenses and still produce positive cash flow from day one.

This condo also makes a solid entry-level buy-and-hold option for first-time investors — easy to manage, simple to repair, and located in a strong rental corridor.

For more information, contact your EquityPro Advisor.

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We recommend flip
Rental Income
$1,250 mo. / $15,000 yr.
Estimated Taxes
$1,585 / yr.
Maintenance
$500 / yr.
HOA Dues
$4,968 / yr.
$5,847
Projected Income
7.74%
Estimated APY
$14,650
Projected Income
16.21%
Estimated ROI

Comps

 
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