Polk County House & Lot

Polk County House & Lot

2 bed 1.5 bath 769 sq ft Built in 1930 Vacant land
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61
Occupancy Status
Low High
4 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

This house and lot offer a practical investment opportunity in Waverly, FL, an area driven by consistent demand for affordable housing and workforce rentals. We recommend rehabbing and flipping or renting the house while selling the vacant parcel. Or, check with the city about placing a mobile home on the lot for resale or renting. The current tenant has been renting the home for $1500 per month since 2022 and is currently being evicted.

This is a straightforward opportunity for investors looking to deploy capital into a cash flow-focused Polk County submarket with multiple viable exit strategies.

Contact your EquityPro Advisor for more information today.

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We recommend rent
Rental Income
$1,500 mo. / $18,000 yr.
Estimated Taxes
$1,600 / yr.
Maintenance
$2,500 / yr.
HOA Dues
$0 / yr.
$10,600
Projected Income
7.16%
Estimated APY
$25,150
Projected Income
15.73%
Estimated ROI

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