SFH 4/2 with 1,655 SF in Miami Gardens. Estimated repairs $60K. Strong ARV of $625,000 offers 30% equity spread. Potential 10.4% gross rent yield at $3,800/mo. Wholesaler-vetted deal from Home Venture Investments.
4 Beds
2 Baths
1,655 Sqft
Built 1958
SFH
7,500 Sqft Lot
Asking
$440K
Wholesaler Price
ARV
$625K
Wholesaler Estimate
Spread
$185K
70¢ on the dollar
ARV Comparison
Wholesaler ARV
$625K
70¢ on the dollar
Rocket ARV
$565K
78¢ 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
7,500 SF
Lot Size
Stucco
Exterior
Other
Roof Type
0100:SINGLE FAM,GENERAL
Zoning
REALSITE ESTS SEC 1
Subdivision
Highlights
$185K spread
ARV $625K
$60K repairs
$3,800/mo rent
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$3,600/mo
Market Rent Estimate
$2,870
$4,330
$43,200
Annual Rent
9.8%
Gross Yield
$2.18
Rent/Sqft
$900
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$125,524
Annual Tax
$2,658
Tax Year
2024
Effective Tax Rate
2.12%
Sale History
Public Records
Last Sold: 2007-03-01T00:00:00.000Z
$100,000
+525% appreciation ($525K) in 19 years
