tomo logo

$349,900

Beds
4
Baths
3.5
sq ft
2,154

5806 Deerfield Rd, Orlando, FL 32808

5806 Deerfield Rd

ORLANDO, FL 32808

  • 312 days on market
    • Price drop $10,000↓
Prime Investment Opportunity in Orlando: Turnkey Property with High Income and Growth Potential Step into a rewarding investment with the acquisition of 5806 Deerfield Road, Orlando, FL 32808. This property stands out in Orlando’s real estate market, offering a blend of consistent income, strong growth potential, and the opportunity to contribute positively to the community. Key Highlights: Stable Rental Income: Secure a 2-year leaseback agreement at a competitive rate of $2,000 per month or less, providing immediate and reliable cash flow. High Revenue Potential: This fully permitted property is designed to generate significant monthly income, with potential earnings between $25,000 - $26,000 when fully occupied. Spacious and Versatile Living Spaces: With 4-5 generously sized bedrooms, this property is well-suited to maximize occupancy and revenue. Convenient On-Site Storage: Multiple storage units on the property provide essential space for supplies and equipment, promoting operational efficiency. Private and Peaceful Location: Positioned at the end of a quiet road, the property offers a serene environment, ideal for its intended use. Business-Ready: The seller is offering training on managing the property, including guidance on relevant processes and client acquisition. Strategic Location: Located in Orlando’s Ridge Manor neighborhood, this property enjoys low environmental risks, proximity to essential amenities, and access to a supportive community. Proximity to Schools: Close to Ridgewood Park Elementary and Evans High School, providing convenient access to educational resources. Investment Appreciation: The property has shown value appreciation since its last sale in 2019, indicating potential for future growth. Broad Appeal: This investment opportunity attracts both local and international buyers looking to invest in Orlando’s dynamic real estate market. This property is more than just a real estate investment; it's a chance to achieve financial returns while making a positive impact. Whether you're an experienced investor or looking to diversify your portfolio, 5806 Deerfield Road offers a distinctive, socially responsible investment opportunity in Orlando's thriving real estate market. Seize this chance to own a valuable piece of Orlando’s real estate. Contact Dail today to learn more about this exceptional investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$334,668

Lot size

9,596 sq ft

Price per sq ft

$163

Year built

1960

Annual property taxes

$3,372.41

Price History

07/20/2024
StellarMLS

StellarMLS #O6159708

Price change
$349,900
-2.78%
06/25/2024
StellarMLS

StellarMLS #O6159708

Listed
$359,900
05/17/2024
StellarMLS

StellarMLS #O6159708

Removed
$359,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$137,677
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$184,231
Cash to seller
$137,677

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2019

Original loan amount

$205,000

Est. remaining balance

$184,231

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Brenda Lee S Rowe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 10:00 PM

Listing updated: 09/01/2024 at 5:05 PM

Listed by: Dail Henthorn, HENTHORN REAL ESTATE Phone #: (321) 228-3188

MLS: StellarMLS #O6159708

StellarMLS logo

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