This solid 3-bedroom, 2-bath home offers a compelling opportunity for investors seeking both immediate rental income and upside potential. Priced approximately $25,000 below its recent appraised value of $173,000, the property provides built-in equity from day one. With 1,180 square feet of living space and no HOA restrictions, it’s well-positioned as a long-term rental or value-add flip. Major capital improvements have already been completed, including a new septic drain field (2023), HVAC system (2023), and roof (2020), significantly reducing near-term maintenance costs. The home sits on a spacious lot with a fenced backyard, adding tenant appeal and flexibility for outdoor use.

This property is less than a mile from Downtown DeLand, placing it minutes from popular shops, restaurants, and local events while still offering convenient access to major roadways. For investors looking to maximize returns, there is clear value-add potential through cosmetic and layout enhancements—opening up the main living area to the kitchen, installing new flooring and baseboards throughout, updating the kitchen and both bathrooms, and refreshing interior and exterior paint with modern finishes. 

With strong rental demand in the area and the ability to force appreciation through renovations, this property presents an excellent opportunity to increase cash flow and overall asset value.

Contact your EquityPro advisor today.