Cheap Rental!
4701 High Avenue, Sebring, FL
16.27% return
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Property Description

Great investment opportunity! Affordable housing. Will easily rent for $700 a month. No major repairs needed. Metal roof in good condition. Solid structure. Property has been fixed up inside. Won't last at this price. Located minutes away from downtown Sebring, FL!

Property Information

  • Listing statusSold
  • Property typeSingle Family
  • Total bedrooms3
  • Total bathrooms1
  • Building size816 sq. ft.
  • Lot size0.1 acres
  • Year built1960
  • CountyHighlands County
  • ConstructionCBS
  • RoofShingle
  • Water sourceCity
  • Water disposalSeptic
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Asking price $44,900
  • Estimated rehab 1 $0
  • Total investment $44,900
  • Type Proforma
  • Gross income (annually) $8,400
  • Operating expenses (annually) $1,094
  • Net income (annually) $7,306
  • Gross return 18.71%
  • Gross income (monthly) $700
  • Operating expenses (monthly) $91
  • Net income (monthly) $609
  • Net return 16.27%

Property Income & Expenses

  • Income
  • 3 bed / 1 bath $700/month $8,400/year
  • Total $700/month $8,400/year
  • Expenses
  • Property Taxes $41/month $494/year
  • Insurance $50/month $600/year
  • Total $91/month $1,094/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Property Flyer

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