532 E Rich Ave, Deland, FL 32724

Home /

E Rich Ave, Deland, FL 32724

$115,000

532 E Rich Ave, Deland, FL 32724

2

Beds

1

Baths

1,008

Sqft

1941

Year Build

Proforma Summary

Fix & Flip

Estimated ARV: $250,000

Buy & Hold

Monthly Rent: $1,700
Cash Flow After PITI: $241

Renovation Info

Estimated Rehab: Full
Roof Age: Old
AC Age: Old

Key Details

Single Family Home
HOA: None
Lot Size: 0.32 Acres
Construction Type: Wood Frame and Stucco
Vacancy: Vacant

Unit Breakdown

UnitBed/BathLiving (Sqft)Gross (Sqft)Proforma Rent

About This Property

Rent or Flip this Once-in-a-Lifetime Opportunity!
Unlock serious potential with this value-packed single-family home in DeLand, priced at just $115,000. With a $60K+ spread, this is the kind of deal investors wait for -whether you’re looking to flip for profit or hold as a rental in a high-demand area. Located in a strong market with fast-moving comps, this property offers flexibility with a hybrid exit strategy. The home is ready for a full renovation, making it ideal for investors looking to maximize returns.

Sales Comparable

333 N KENTUCKY AVE, DELAND, FL 32724
$240,000
2 Bedrooms, 1 Bathroom, 1,052 sqft
330 N KENTUCKY AVE, DELAND, FL 32724
$265,000
2 Bedrooms, 1 Bathroom, 1,100 sqft
307 N BOSTON AVE, DELAND, FL 32724
$229,000
2 Bedrooms, 1 Bathroom, 1,006 sqft

Terms and Conditions

All offers are Cash or Private Lender Only. $5000 non-refundable deposit required for purchase up to $300,000, $10,000 non-refundable deposit required for purchases over $300,000. Properties are sold AS-IS with NO inspection period; Please inspect first. Buyer pays all closing costs for buyer and sellers Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of SafetyNet Group. Actual repair cost, rent, and/or ARV may vary. Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary. SafetyNet Group has an equitable interest in this property and is advertising the sale of this interest.

 

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