$410,000 · LAKE WALES, FL 33853
Works for flippers · Landlords would lose money

Available

$410,000Asking price

4 bd · 4 ba · 3,607 sq ft · built 1951

LAKE WALES, FL 33853

No contract on file

via InvestorLift Classic

Listed Oct 8

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $575,000
Asking price: −$410,000
RepairsMiddle of the seller’s $20,000 – $40,000. Ours: $44,000 – $92,000: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$43,874
Profit15.8% of ARV · flippers want 10%+: $91,126
Works

Works for a flipper up to $441,000.

WEBSTER HOMES LLC

Cody Ball

No reviews yet

Comps

Sales

Rents

ARV $575,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $461,000.

The sales behind this value are shown to members.

ARV $575,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

WEBSTER HOMES LLC

Cody Ball

No reviews yet

Seller Description

4 bedrooms / 4 bathrooms
3,548 sq ft
Includes an in-law suite
Asking price: $410,000
Estimated ARV: $575,000–$600,000 with high-end upgrades

Condition & OpportunityRenovated in 2018, including major systems such as the roof and AC. No work needed to begin renting, per seller-provided information. Opportunity to hold as a rental or upgrade the finishes to maximize resale value.

The spacious layout and in-law suite offer flexibility for multigenerational living or potential rental use, subject to local requirements