Madison County Lot

Madison County Lot

0 bed 0 bath 13068 sq ft Vacant Land
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54
Occupancy Status
Low High
10 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
10/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
5/10
Property Details

This lot is located in Greenville, FL., just 45 minutes east of Tallahassee and presents an investor with a great opportunity for a cash-flowing asset.  We recommend removing the existing structure and placing a used, 3 bedroom, 2 bathroom, mobile home on the lot. With Section 8 paying up to $1,360 per month for three bedrooms, this property could conservatively fetch $1,150 per month, generating over $10,000 per year in income, which is an 11.5% APY. 

This property includes two lots, totaling approximately one-third of an acre. Properties that can generate this type of return tend to go quickly. Contact your EquityPro Advisor today. 

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We recommend rent
Rental Income
$1,150 mo. / $13,800 yr.
Maintenance
$600 / yr.
$10,020
Projected Income
11.58%
Estimated APY
$12,200
Projected Income
9.55%
Estimated ROI

Comps

 
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