SFH 3/1 with 1,035 SF in Miami. Estimated repairs $60K. Strong ARV of $480,000 offers 28% equity spread. Potential 10.4% gross rent yield at $3,000/mo. Wholesaler-vetted deal from Home Venture Investments.
3 Beds
1 Baths
1,035 Sqft
Built 1948
SFH
10,500 Sqft Lot
Asking
$330K
Wholesaler Price
ARV
$480K
Wholesaler Estimate
Spread
$150K
69¢ on the dollar
ARV Comparison
Wholesaler ARV
$480K
69¢ on the dollar
Rocket ARV
$415K
79¢ on the dollar
Overview
Big Tickets
Roof
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
1
Stories
10,500 SF
Lot Size
Concrete Block
Exterior
Other
Roof Type
5700:DUPLEXES,GENERAL
Zoning
FLORAL PARK 1ST AMD PLAT
Subdivision
Highlights
$135K spread
ARV $480K
$60K repairs
$3,000/mo rent
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$2,880/mo
Market Rent Estimate
$2,560
$3,200
$34,560
Annual Rent
10.5%
Gross Yield
$2.78
Rent/Sqft
$960
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$63,279
Annual Tax
$615
Tax Year
2024
Effective Tax Rate
0.97%
Sale History
Public Records
Last Sold: 1998-10-13T00:00:00.000Z
$58,000
+728% appreciation ($422K) in 27 years
