4744 Belfast Dr

New Port Richey, FL 34652
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2 bd, 2 ba | 1,200 sqft | Built in 1967

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,590

Total Return

$137,810

Annualized Return

36.6%

Cap Rate

7.9%

Gross Yield

12.7%

Cash Flow

$2,772

Appreciation

13.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,750

HOA

None

Flood Risk

High Risk - Zone AE

Under contract-accepting backup offers. Attention Real Estate Investors and Landlords!
Opportunity knocks with this 2-bedroom, 2-bathroom corner lot property. Situated on the largest lot in the street and constructed entirely of block, this house presents a prime investment opportunity. With some tender loving care, it has the potential to become an ideal flip or a lucrative rental income property.
Featuring a spacious layout, this 2-bedroom, 2-bathroom residence offers the possibility of conversion into a 3-bedroom, 2-bathroom configuration. Additionally, it boasts the convenience of a one-car garage and a back porch.
Don't miss out on this chance to expand your portfolio. Schedule a showing today to explore the potential of this property. Please note that the property is being sold as is, with no repairs to be made by the seller
MULTIPLE OFFER SITUATION* SELLER WILL MAKE A DECISION FRIDAY 05/03/24

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

Annual Financial Highlights

Expected Rent

$18,126

Expenses

-$5,150

Property Taxes

-$2,050

Loan Payments

-$8,155

Net Cash Flow

$2,772

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:Veronica Lopez
TAMPA INVESTORS SOLUTIONS LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3522751
Last Updated: 05/03/2024 17:05
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