SOLID BUY AND HOLD OR QUICK FIX AND FLIP!
Investing in Port Richey real estate offers the potential for both short-term and long-term rental income. With its allure as a vacation destination, waterfront properties can generate substantial income through vacation rentals. Additionally, the town's growth means an increasing demand for quality housing, making long-term rentals a reliable source of passive income.
This 2 BR/2BA home is located in Jasmine Lakes in Port Richey.
This property is 1,276 sf. and also includes 150 square feet of additional bonus square footage in an enclosed air conditioned & heated Florida room.
The property is VACANT and has been used as a rental. Projected rental income post-renovation is $1.7k - $1.9k per month. Materials for the primary bathroom in the garage are included with the sale. Vanity, sink, faucet, tiles ALL NEW ready for the master bath rehab.
Age of Roof: 17 years
Age of HVAC: 15 years
AP 195K
Repairs 50K
ARV 280K
Comps :
7240 OAK CREST DR, PORT RICHEY, FL 34668 ( SOLD $248k $171/sf)
10407 Huckleberry Dr, Port Richey, FL 34668 (SOLD 280K 197/sf)
7 225 DEERFIELD DR, PORT RICHEY, FL 34668 (ACT $299k remodeled $227/sf)
Reach out to me for the lockbox code!!
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