Turnkey Lakeland Rental or Flip

Turnkey Lakeland Rental or Flip

3 bed 2 bath 1550 sq ft Built in 1981 Single Family
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61
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
5/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Valued Buyers,

This is currently the lowest-priced three-bedroom single-family home in ZIP Code 33801—priced $30,000 below the next available option.

This renovated property features a bright, open layout and a modern kitchen with granite countertops, a large entertaining peninsula, and stainless-steel appliances.

Major improvements include HVAC and ductwork, double-pane windows, and a water heater—all replaced in 2023—plus a roof replaced in 2019.

Investors have two potential strategies:

  • Quick flip: Complete a light cosmetic refresh and resell.
  • Turnkey rental: Finish minor cleaning and touch-ups, then place a tenant.

See our itemized recommended rehab breakdown below.

Contact your EP Advisor for MLS sold comps, property access, photos, videos, and the complete due diligence package.

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We recommend flip
Rent Flip
Rental Income
$1,850 mo. / $22,200 yr.
Investor Price
$219,900
Closing Costs to Buy
$4,400
Rehab Projection
$1,700
Utilities
$250
Property Insurance
$2,000 / yr.
Estimated Taxes
$2,860 / yr.
Property Management
/ yr.
Maintenance
$300 / yr.
HOA Dues
$0 / yr.
$17,040
Projected Income
7.53%
Estimated APY
After Repair Value
$300,000
Investor Price
$219,900
Closing Costs to Buy
$4,400
Rehab Projection
$13,300
Utilities
$250
Closing Costs to Sell
$13,950
$48,200
Projected Income
19.14%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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