Silver Springs Rent or Flip

Silver Springs Rent or Flip

3 bed 2 bath 804 sq ft Built in 1997 Manufactured Home
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58
Occupancy Status
Low High
5 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
8/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Located in Marion County, this 3-bedroom, 2-bathroom manufactured home offers investors an attractive opportunity to add a rental property to their portfolio with minimal renovation needed. Built in 1997 and offering 804 square feet with an open-concept floor plan, the property has a functional layout and a straightforward path to becoming a marketable rental. Recommended updates include a professional power wash, bathroom renovations, select kitchen appliances, flooring, and interior paint, allowing an investor to improve the property’s appeal without taking on a major renovation. With a manageable scope of work and the potential to generate positive cash flow, this property is an excellent opportunity for investors looking for an affordable, value-add rental in Marion County.

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We recommend rent
Rental Income
$1,200 mo. / $14,400 yr.
Estimated Taxes
$1,500 / yr.
Maintenance
$750 / yr.
HOA Dues
$0 / yr.
$9,770
Projected Income
11.24%
Estimated APY
$20,475
Projected Income
20.57%
Estimated ROI

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