West Orlando Block Flip

West Orlando Block Flip

3 bed 2 bath 1415 sq ft Built in 1998 Single Family
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71
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
11/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Strong value-add opportunity located in an established Orlando neighborhood, offering 1,415 sq. ft. of recorded living area with the added benefit of a 2022 roof, taking one of the larger capital improvements off the table. The property currently functions as a 4-bedroom, 2-bathroom home, although county records reflect 3 bedrooms, giving an investor an additional item to evaluate as part of the renovation strategy.

Another major advantage is the currently converted garage. The garage is not included in the 1,415 sq. ft. of living area, meaning it can be converted back to a functional garage while still retaining the full recorded living square footage. Restoring the garage should improve the home's functionality and resale appeal without sacrificing living area.

The property is positioned for a full interior transformation to maximize its resale potential. Recommended improvements include new flooring throughout, updated fixtures and finishes, fresh paint, new doors where needed, a new HVAC system, and repair of the damaged window. With the roof already replaced in 2022, the renovation can remain heavily focused on the interior and overall presentation.

Most importantly, comparable homes within this neighborhood have shown strong sales activity. Based on the comparable sales reviewed, the average ADOM is approximately 27 days, while the median is only 12 days, with 5 of the 7 comparable homes selling within 17 days or less. This shows strong buyer demand specifically within the neighborhood when homes are renovated and priced correctly. With a 2022 roof, 1,415 sq. ft. of recorded living space, a current 4/2 layout, the ability to restore the garage without sacrificing square footage, and a straightforward renovation path, this property offers a compelling opportunity to capitalize on proven neighborhood demand.

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We recommend flip
Rental Income
$1,900 mo. / $22,800 yr.
Estimated Taxes
$4,640 / yr.
Maintenance
$500 / yr.
HOA Dues
$168 / yr.
$13,592
Projected Income
4.97%
Estimated APY
$53,050
Projected Income
17.01%
Estimated ROI

Comps

 
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Sold

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