Stellar Conway Flip

Stellar Conway Flip

3 bed 2 bath 1756 sq ft Built in 1971 Single Family
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76
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
11/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
10/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Located in the heart of Conway, this 3-bedroom, 2-bath home offers 1,756 square feet of living space on a spacious 0.24-acre corner lot. For context, this is one of the lowest-priced homes in all of the Conway zip code based on price per square foot, so this is an excellent opportunity for an investor looking for a fix-and-flip or long-term rental in a highly desirable location.

Filled with value-add potential, the property is ready to be updated and transformed with a full interior cosmetic renovation, including modern finishes throughout. A new roof and updating the electrical panel will also be needed, but the home is solid and well-positioned for a profitable renovation. 

Just minutes from Downtown Orlando, the Hourglass District, and the Conway Chain of Lakes, this is an excellent opportunity for an investor seeking a fix-and-flip or a long-term rental in a highly desirable location. With a similar comp in the neighborhood with a pool that sold around mid $700ks, this home would warrant a second look at adding a pool to achieve a very lucrative payday.

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We recommend flip
Rental Income
$2,800 mo. / $33,600 yr.
Estimated Taxes
$2,400 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$26,090
Projected Income
5.80%
Estimated APY
$85,200
Projected Income
17.02%
Estimated ROI

Comps

 
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Sold

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