2841 Kings Rd Sanford, Florida 32771
YEAR BUILD: 1985
This home is rented for $900 monthly with a lease until May 2021. It’s that simple of an investment buy, take over the current lease and start collecting instant cash flow. The home could be rented for more if you were to spruce up the inside when the current lease is up. This area of Sanford is booming with new community neighborhoods and new construction homes selling between $275k-$350k all around this home. The future value is great with this buy & hold since you are buying in the beginning phase of a transition neighborhood. Thats where the real value is with this home along with generating cash flow in the meantime. Home is on a corner lot located in Sanford near the airport and a few minutes from Downtown Sanford and the Marina. Do not disturb tenant. Call for more details.
PURCHASE PRICE: $122,500 + Closing Costs
Gross ROI: 8.89 %
Available on 08.11.2020
Don’t let this excellent opportunity pass you by! Get it yours now!