Deland Stetson Pool Flip

Deland Stetson Pool Flip

4 bed 2.5 bath 1676 sq ft Built in 1974 Single Family
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74
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Unlock the potential of this rare DeLand value-add opportunity! Situated on a spacious 0.27-acre corner lot, this 4-bedroom, 2.5-bath ranch-style pool home offers an incredible chance for investors, flippers, or buy-and-hold landlords to create significant value through modern updates and customization.

Priced below tax-assessed value, this property stands out as the lowest-priced single-family pool home within a 3-mile radius, with the next closest pool home listed at approximately $320,000 despite offering nearly 400 fewer square feet. Opportunities like this are becoming increasingly difficult to find.

Major capital expenses have already been addressed, including a 2022 roof, newer HVAC system, and newer water heater, allowing investors to focus their budget on high-return cosmetic improvements rather than costly deferred maintenance.

Value-Add Opportunities:

  • Complete interior cosmetic renovation
  • Create a bright, open-concept floor plan for modern appeal
  • Update kitchen and bathrooms
  • Install contemporary flooring and finishes throughout
  • Fresh interior and exterior paint
  • Enhance landscaping and curb appeal
  • Transform the backyard pool area into a true Florida-style outdoor oasis

Located in a highly desirable DeLand neighborhood and zoned for Blue Lake Elementary, DeLand Middle, and DeLand High School, the property is just minutes from the historic charm of Downtown DeLand, local shopping, dining, and Stetson University. Its proximity to the university also creates strong rental demand, making it an attractive option for investors seeking both resale upside and long-term cash flow.

Whether you're looking for your next flip, BRRRR strategy, or rental investment, this is a rare chance to secure a pool home with substantial upside at a price point that leaves room for profit. Don't miss this exceptional DeLand find with endless possibilities.

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We recommend flip
Rental Income
$2,400 mo. / $28,800 yr.
Estimated Taxes
$4,878 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$19,292
Projected Income
6.22%
Estimated APY
$58,200
Projected Income
16.55%
Estimated ROI

Comps

 
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Sold

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