Solid Mount Dora Flip

Solid Mount Dora Flip

3 bed 1.5 bath 1320 sq ft Built in 1959 Single Family
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69
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Act quickly. This is currently the lowest-priced home in all of Mount Dora. This 3-bedroom, 2-bathroom property with an attached 2-car garage is a rare opportunity that’s primed for transformation. Perfectly situated just minutes from vibrant Downtown Mount Dora, with its charming shops, restaurants, and lakeside attractions, the location alone makes this a standout investment.

The home will require a full renovation, including a roof replacement and complete cosmetic interior updates. Some reconfiguring is also recommended to modernize the layout and maximize buyer appeal, aligning with what today’s homebuyers are seeking.

Mount Dora’s charm lies in its vibrant downtown, cultural attractions, and outdoor activities centered around Lake Dora. This appeal drives a strong and competitive rental market, making it an ideal location for investors looking to generate steady income. Updated rental properties in Mount Dora are in high demand, with tenants drawn to the area’s lifestyle and proximity to amenities.

With comparable homes in the area selling for over $300,000, and with its unbeatable location, this property won’t stay on the market long. Contact your EquityPro Advisor today and secure this opportunity before it’s gone.

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We recommend flip
Rental Income
$1,700 mo. / $20,400 yr.
Estimated Taxes
$3,500 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$13,000
Projected Income
5.73%
Estimated APY
$49,225
Projected Income
17.23%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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