Low Cost Leesburg Flip or Rental

Low Cost Leesburg Flip or Rental

3 bed 1 bath 816 sq ft Built in 1959 Single Family
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60
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
11/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Here’s an excellent opportunity for an investor looking for a fix-and-flip or buy-and-hold project. This single-family home features 3 bedrooms, 1 bathroom, and approximately 816 sq. ft. and offers a clear value-add strategy for the right investor.

Renovations were previously started but left unfinished, allowing the next owner to step in and complete the project rather than starting entirely from scratch. The property sits on a dirt road with no HOA, offering added flexibility and no monthly HOA fees.

Important: The city has flagged the property as unsafe due to the need for a new roof and truss system. Once that work is completed, the remaining renovation is expected to be primarily a light cosmetic update, creating an opportunity to improve the property's overall condition and marketability significantly.

With the right renovation plan, this could be an attractive opportunity for an investor targeting retail resale or long-term rental income.

Serious investors, contact your EquityPro Advisor today for additional details and to discuss the opportunity.

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We recommend flip
Rental Income
$1,500 mo. / $18,000 yr.
Estimated Taxes
$1,500 / yr.
Maintenance
$1,000 / yr.
$12,500
Projected Income
10.71%
Estimated APY
$38,725
Projected Income
30.67%
Estimated ROI

Comps

 
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Sold

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