790 Orchard Ln

Englewood, FL 34223
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2 bd, 1 ba | 1,666 sqft | Built in 1962

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List Price
$400,000

Initial Investment

$109,000

Purchase Price

$400,000

Down Payment

25%

Rent

$2,800

Total Return

$203,376

Annualized Return

23.2%

Cap Rate

5.4%

Gross Yield

8.4%

Cash Flow

-$1,420

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,998

HOA

None

Flood Risk

High Risk - Zone AE

Charming Coastal Retreat - Just Minutes from the Beach!
Discover your dream coastal lifestyle in this adorable 2-bedroom, 1-bathroom home nestled on an oversized fully fenced 0.32 acre corner lot. With a host of exceptional outdoor spaces and modern amenities, this property offers the perfect blend of comfort and leisure.
Outdoor Oasis: Step onto the inviting front porch, perfect for enjoying your morning coffee. The screened-in patio beckons for leisurely afternoons, while the spacious backyard boasts covered areas for relaxation, a well-appointed bar, a soothing hot tub, storage sheds, and a cozy fire pit, ideal for gathering with friends and family.
Interior Delights: Inside, you'll find beautiful wood-grain tile throughout, setting the stage for a warm and inviting atmosphere. A stylish accent wall in the living room adds character to the space. The sleek and modern Samsung appliance package in the kitchen (new in 2022) ensures a delightful cooking experience. The convenience of a brand-new washer and dryer (installed in 2023) adds to the home's appeal.
Endless Recreation: RV enthusiasts will appreciate the RV hookup on the property, offering flexibility for guests or travel adventures. For boating enthusiasts, a public boat dock is just half a mile away, providing easy access to the intercoastal waterway and the Gulf of Mexico.
Local Gems: Located only minutes from downtown Englewood on Dearborn, you'll have quick access to charming shops, delightful dining options, and a vibrant community atmosphere. Whether you're exploring local restaurants or seeking relaxation, this home offers the ideal starting point.
Don't miss your chance to own this coastal gem—a peaceful haven with a short trip to anywhere you'd want to be. Embrace the coastal lifestyle and make this property your own. Contact us today to schedule your private showing and experience the magic of coastal living!

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

Annual Financial Highlights

Expected Rent

$31,920

Expenses

-$7,144

Property Taxes

-$4,450

Loan Payments

-$21,746

Net Cash Flow

-$1,420

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:Angela Nichols
Agent License 3269082
GROW PROSPER MOVE REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8213247
Last Updated: 09/18/2023 19:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.