$278,500 Asking Price
2 Beds
1 Baths
916 Sqft
Built 1959
Single Family
Investment Analysis
Rocket
Asking Price
$279K
Wholesaler Price
Est. ARV
$390K
Tap to compare sources
Spread
$112K
71¢ on the dollar
Compare ARV Sources
Wholesaler
$395K
Wholesaler's estimate
71¢ on the dollar
Rocket ARV
$383K
99% confidence
73¢ on the dollar
AVM High
$393K
90% confidence
71¢ on the dollar
Rocket Confidence99%
Rental Income
RentCast
$1,950/mo
Market Rent · Mar 2026
$1,460
$2,430
$23,400
Annual Rent
8.4%
Gross Yield
$2.13
Rent / Sqft
$975
Per Bedroom
Property Details
2beds
1baths
916sqft
5,998lot sqft
1959built
TypeSingle Family
Stories1
ExteriorStucco
RoofComposition Shingle · Gable/hip
ConstructionConcrete · Slab
FlooringVinyl/Resilient
Lot Frontage60 ft · 5,998 sqft (0.14 acres)
ZoningRS-5
SubdivisionROYAL PALMS PARK 49-8 B
PoolNo
GarageCarport (Unspecified)
ConditionAverage
Deal Highlights
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Big Ticket Items & Permit History
Verified
Roof
6 yrs
2020 · Composition shingle
Unpermitted
A/C
Unknown
No records found
Unverified
Impact Windows
4 yrs
2022
Permitted
Water Heater
Unknown
No records found
Unverified
Permit History
8 closed 0 open
ELOW: ELEC-LOW VOLTAGE-Burglar AlarmJun 1999
$100
✓ Complete
Esrv: elec-service changeAug 1993
$100
✓ Complete
Replace damaged meter can and riserNov 2020
$800
✓ Complete
Installation of water meterMay 2021
$800
✓ Complete
Replace 7 windows and 2 doors with impactMar 2022
$16,700
✓ Complete
Re-roof flat and shingle 1640 sfAug 2020
$6,970
✓ Complete
Reroof 1400sf shingleAug 2010
$5,758
✓ Complete
Install burg alarm system 1 panel 5 devicesOct 2011
$199
✓ Complete
Rrrf: bldg-re-roof residentialFeb 1998
$1,800
✓ Complete
50 year safety reportApr 2023
✓ Complete
Show 7 more permits ▾
No Code Violations
No Open Cases
Equity, Debt & Value Allocation
Rocket
Based on Asking Price
$278,500
Loans $193,425 | LTV 69.5% Equity $85,075 | ETV 30.5%
1ST MORTGAGE
$167,668
2ND MORTGAGE
$25,757
AVAILABLE EQUITY
$85,075
Value Breakdown $275,940
Land $18,000 | 6.5% Building $257,940 | 93.5%
Assessed Value '24
$241,060
Annual Tax '24
$4,233.32
Effective Tax Rate
1.76%
Homestead
✓ Yes

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Quick Numbers

Asking Price$278,500
Rocket ARV$390,479
Spread$111,979
Cents on Dollar71¢
Est. Rent$1,950/mo
Gross Yield8.4%
Annual Tax$4,233
Year Built1959
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