Daytona Cash-Flow with Equity Under $40k Maple St. Daytona Beach, FL. 32114
Property Detail
Property Description
This 900 SQFT 2/1 is a perfect cash-flow opportunity with equity.
The Property is in good shape, handicap accessible and needs only carpet, paint, appliances and minor cosmetic touch ups to be rental ready. Electrical, plumbing, roof, A/C, water heater & sewer/septic all passed inspection and were fully functional. Plenty of equity plus over 15% ROI located in an “opportunity zone” for under $40k means this deal will not last long.
Rental comps attached in pics.
SALES COMPS:
314 N Keech St 2/1 696 sqft sold $78k on 6/18/19 – $112/sqft
313 Fulton St 2/1 912 sqft sold $110k on 1/10/20 – $121/sqft
921 Vernon St 2/1 840 sqft sold $103k on 4/17/19 – $122/sqft
538 Loomis Ave 2/1 896 sqft sold $151k on 10/21/19 – $169 /sqft
433 Lockhart St 2/1 748 sqft sold $122k on 7/29/19 – $163/sqft
611 Seaman Pl 2/1 1,026 sqft sold $105k on 2/17/20 – $102/ sqft
584 Fremont Ave 2/1 727 sqft Pending $90k
