$309,900 Asking Price
2 Beds
1 Baths
941 Sqft
Built 1950
Single Family
Investment Analysis
Rocket
Asking Price
$310K
Wholesaler Price
Est. ARV
$408K
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Spread
$98K
76¢ on the dollar
Compare ARV Sources
Wholesaler
$430K
Wholesaler's estimate
72¢ on the dollar
AVM High
$385K
89% confidence
80¢ on the dollar
Rental Income
RentCast
$2,560/mo
Market Rent · Mar 2026
$2,130
$3,000
$30,720
Annual Rent
9.9%
Gross Yield
$2.72
Rent / Sqft
$1280
Per Bedroom
Property Details
2beds
1baths
941sqft
6,750lot sqft
1950built
TypeSingle Family
Stories1
ExteriorStucco
RoofComposition Shingle · Gable/hip
ConstructionConcrete · Slab
FlooringVinyl/Resilient
Lot Frontage34 ft · 6,750 sqft (0.15 acres)
ZoningRD-15
SubdivisionPROGRESSO 2-18 D
PoolNo
ConditionAverage
Deal Highlights
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Overview

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Big Ticket Items & Permit History
Verified
Roof
2 yrs
2024 · Composition shingle
Unpermitted
A/C
12 yrs
2014
Permitted
Impact Windows
Unknown
No records found
Unverified
Water Heater
12 yrs
2014
Permitted
Permit History
6 closed 0 open
Install tankless water heaterMar 2014
$500
✓ Complete
Electrical hookup for water heater bp14020692Mar 2014
$150
✓ Complete
Interior alteration - close up air conditioning opening after the fact -- still need plumbing permit relocated water heaterApr 2014
$100
✓ Complete
Atf air conditioning change out 2 ton 5 kw heat v ce13050277 opened 9234038900 1115 nw 1 ave nopermit - the walls air conditioning were removed andthe george oliva 954-828-6556 rei 11/01/2013Feb 2014
✓ Complete
Atf air conditioning wiring bp 13101572Feb 2014
✓ Complete
Re-roof. Remove shingles renail decking install new single per fbcJun 2024
$12,600
✓ Complete
Reroof shingle 1500sfJul 1996
$2,000
✓ Complete
Show 4 more permits ▾
No Code Violations
No Open Cases
Equity, Debt & Value Allocation
Rocket
Based on Asking Price
$309,900
Loans $224,695 | LTV 72.5% Equity $85,205 | ETV 27.5%
1ST MORTGAGE
$224,695
AVAILABLE EQUITY
$85,205
Value Breakdown $318,910
Land $37,130 | 11.6% Building $281,780 | 88.4%
Assessed Value '24
$318,910
Homestead
✗ No

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Quick Numbers

Asking Price$309,900
Rocket ARV$407,679
Spread$97,779
Cents on Dollar76¢
Est. Rent$2,560/mo
Gross Yield9.9%
Year Built1950
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