SFH 3/2 with 1,350 SF in South Miami. Estimated repairs $65K. Strong ARV of $580,000 offers 24% equity spread. Potential $3,100/mo rent. Wholesaler-vetted deal from Home Venture Investments.
3 Beds
2 Baths
1,350 Sqft
Built 1984
SFH
5,663 Sqft Lot
Asking
$440K
Wholesaler Price
ARV
$580K
Wholesaler Estimate
Spread
$140K
76¢ on the dollar
ARV Comparison
Wholesaler ARV
$580K
76¢ on the dollar
Rocket ARV
$553K
80¢ 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
5,663 SF
Lot Size
Stucco
Exterior
5700:DUPLEXES,GENERAL
Zoning
OAK PARK SEC 5
Subdivision
Highlights
$140K spread
ARV $580K
$65K repairs
$3,100/mo rent
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$3,140/mo
Market Rent Estimate
$2,840
$3,430
$37,680
Annual Rent
8.6%
Gross Yield
$2.33
Rent/Sqft
$1047
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$352,835
Annual Tax
$6,738
Tax Year
2024
Effective Tax Rate
1.91%
Sale History
Public Records
Last Sold: 2003-09-12T00:00:00.000Z
$133,000
+336% appreciation ($447K) in 22 years
