This investment opportunity is already producing income at $1,300 per month, putting it at close to an 11% CAP rate at the current rent.

Prefer to flip it? There may be an even bigger opportunity. With a cash-for-keys agreement and the right renovation strategy, our numbers show the potential for approximately a 30% ROI — and yes, that is not a typo!

You could also explore adding a second bathroom and converting the property into a 3-bedroom, 2-bath home, potentially increasing its resale value and giving you another way to maximize your return.

The property already has several major improvements completed:

• Brand-new roof
• Brand-new stucco
• Some new flooring already installed

There are uneven areas of the flooring that will need to be leveled and repaired. We have an estimated cost of approximately $6,500 for this work.

The estimated scope includes removing flooring as needed, repairing or replacing damaged floor joists, replacing sections of plywood subfloor, leveling the affected areas, and installing new flooring.

Whether you're looking for immediate cash flow, a strong flip opportunity, or additional upside by converting it into a 3/2, deals with this kind of flexibility are getting harder and harder to find in today's market.

Call your EquityPro Advisor Today before this one's gone.