Inverness Flip Below Assessed Value

Inverness Flip Below Assessed Value

3 bed 2 bath 1608 sq ft Built in 1975 Single Family
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63
Quality of Comparables
Low High
13 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
12/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Check out this charming property in Inverness being offered well below the tax-assessed value of $216,000. This concrete block home has been well-maintained and offers several desirable features. With 3 bedrooms and 2 bathrooms, the home provides a spacious layout, including a double-car garage for added convenience. Situated on a corner lot with nearly an acre of land, the large and private fenced-in backyard offers great potential for outdoor living.

The home features updated flooring in the bedrooms, a new HVAC system, and one of the bathrooms has already been updated. We recommend updating the kitchen, one bathroom, and replacing the roof. The home's overall structure offers a fantastic foundation for the right investor to make improvements.

Whether you're looking to create a dream home or flip for profit, this property’s prime location and spacious layout make it a great opportunity. For more information, please contact your EquityPro Advisor. 

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We recommend flip
Rental Income
$1,790 mo. / $21,480 yr.
Estimated Taxes
$2,525 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$14,411
Projected Income
7.45%
Estimated APY
$44,575
Projected Income
19.34%
Estimated ROI

Comps

 
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