401 Half Mile Rd

Plant City, FL 33565
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3 bd, 2 ba | 2,358 sqft | Built in 1965

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List Price
$335,000

Initial Investment

$91,288

Purchase Price

$335,000

Down Payment

25%

Rent

$2,530

Total Return

$173,115

Annualized Return

23.4%

Cap Rate

5.3%

Gross Yield

9.1%

Cash Flow

-$1,691

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,124

HOA

None

Flood Risk

Not Required

Step into the serenity of this charming 3-bedroom, 2-bathroom home nestled amidst the tranquility of nature, 4-miles from Interstate 4. Situated on nearly a full acre of land (.99 Acres), this property offers ample space for family gatherings, outdoor storage, or simply relishing in the beauty of the surrounding wildlife. Adding to its allure, a detached garage/workshop presents an ideal canvas for crafting your very own "Man-Cave" or "She-Shed" retreat. Inside, discover the comfort of a BRAND NEW HVAC system Installed in 2023; New HVAC comes with a pre-paid 10 Year Parts & Labor Warranty. Enjoy clean water with a Whole House Walter Filter, currently serviced by Culligans and a Kitchen Reverse Osmosis Filter for crisp drinking water. For property insurance inquiries: A clean 4 Point Inspection as of 2022, located in Flood Zone X and AE. The Metal Roof still has a long-life span expectancy.... This property is also USDA mortgage eligible! Selling AS-IS. Make this your home today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$28,842

Expenses

-$7,270

Property Taxes

-$5,050

Loan Payments

-$18,212

Net Cash Flow

-$1,691

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Aaron Tadlock
Agent License 3195440
BHHS FLORIDA PROPERTIES GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3514381
Last Updated: 03/28/2024 18:03
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