$260,000 · DELTONA, FL 32738
Works for flippers · Landlords would lose money

Available

$260,000Asking price

3 bd · 2 ba · 1,740 sq ft · built 2001

DELTONA, FL 32738

Contract on file

via InvestorLift Classic

Listed Oct 6

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $410,000
Asking price: −$260,000
RepairsMiddle of the seller’s $30,000 – $60,000. Ours: $40,000 – $71,500: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$29,594
Profit18.4% of ARV · flippers want 10%+: $75,406
Works

Works for a flipper up to $292,000.

FAIRWAY HOME BUYERS

Matthew Chapman

No reviews yet

Comps

Sales

Rents

ARV $410,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $338,000.

The sales behind this value are shown to members.

ARV $410,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FAIRWAY HOME BUYERS

Matthew Chapman

No reviews yet

Seller Description

Lakefront pool home with lake views on Lake Theresa in Deltona Lakes. 3 bedrooms, 2 baths, 1,740 heated sq ft per county records, built 2001, on a 0.46 acre lot at the end of a cul-de-sac. In-ground pool with screen enclosure, attached 2-car garage, and solar panels on the roof that stay with the house. Sold as-is.

ARV $410,000. Two nearby lakefront pool homes of the same size sold for $410,000 in 2026: 2771 Maldive Ct (3/2, 1,717 sq ft, closed 06/26/2026) and 2684 Shiprock Ct (3/2, 1,720 sq ft, closed 09/14/2026).

Repairs per the October 5, 2026 inspection, with published 2026 cost ranges:

Roof: original 2001 shingle roof in very poor condition with holes and soft spots. Replacement $9,000 to $16,000.
HVAC: heat pump about 25 years old and not working. Replacement $3,900 to $8,500.
Flooring: carpet torn or missing, vinyl lifting. LVP throughout $6,100 to $12,200.
Interior paint: $5,200 to $7,000.
Kitchen: dishwasher, cooktop and microwave not working. Replacement $1,550 to $4,200.
Serviceable per the inspector: plumbing (copper supply), electrical panel (200 amp), water heater and foundation.

The home is occupied so showings are by appointment. Closing on or before December 11, 2026. Cash or hard money. Inspection report available to serious buyers. Buyer to verify all information.