Clean Cocoa Cash-Flow with Equity S Ridgewood Dr. Cocoa, FL. 32926
This is an updated 3/2 1,620 SQFT double wide manufactured home built in 2002. It is located in the River Breeze Acres neighborhood of Cocoa.
The home was updated 5 years ago. The roof is still in excellent condition and the AC still works great. There is nice dark wood laminate flooring in the kitchen and bathrooms and the living area has carpet. The kitchen is completely updated with new cabinets, countertops, and appliances. The bathrooms are updated with the same counters and cabinets as the rest of the house and the master bathroom has a jacuzzi tub. There is also a 208 sqft screened in deck off the back of the home.
There are currently smaller homes in this neighborhood renting for $1050/month. A property this size should get about $1,200+ per month. After taxes, insurance and closing costs you are looking at a 15%+ ROI and $20k-$25k in instant equity.
3933 Oak Hill Dr., Cocoa, FL 32926
Heated Area: 1,620 SqFt
Sold Date: 02.11.20 // Sale Price: $99,000 // Price per Sqft: $61.11
371 Robyn St., Cocoa, FL 32926
Heated Area: 1,512 SqFt
Sold Date: 10.10.19 // Sale Price: $97,000 // Price per Sqft: $64.15