Sanford Cash-Flow Under $50k Dolarway St. Sanford, FL 32771
Property Detail
Type
Single Family Home, **SOLD** Status
Cash Flow, **SOLD** Location
Florida
Sub Location
Sanford
Price
$46,000
Sq. Ft.720Bedrooms3Bathrooms1Rent/mo$950 - $1,215RehabHeavyGarageNonePoolNoneTaxes/yr$466Lot Size (Acres)0.09 AcresConstructionFrameWaterfrontNoneYear1971SubdivisionPackards 1st add to MidwayHOA Fees/moNone
Property Description
DRIVE BY ONLY….DO NOT BOTHER TENANTS..BUYER MUST DEAL WITH TENANTS POST CLOSING.
Hope you get the idea of the situation from the line above. We have not been inside this house yet, but where else do you get a house for under $50k that’s still standing?
Assume it needs everything and you will most likely not be able to get in prior to close, so buyer must take sight unseen.
Rentometer puts the monthly rate at $1150, Zillow has it at $1215 and the one 2/1 comp on MLS shows $950. Based on that range this property will have a solid ROI any way you look at it.
