9237 Saint Catherine Ave

Englewood, FL 34224
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3 bd, 2 ba | 2,083 sqft | Built in 1984

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List Price
$389,000

Initial Investment

$106,003

Purchase Price

$389,000

Down Payment

25%

Rent

$2,410

Total Return

$182,853

Annualized Return

21.5%

Cap Rate

4.8%

Gross Yield

7.4%

Cash Flow

-$3,764

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

X FLOOD ZONE, QUIET NEIGHBORHOOD, ROOM FOR A POOL! Enjoy the Gulf Coast lifestyle in Englewood, FL, conveniently located near the beaches of Manasota Key, Palm Island and Boca Grande. Experience world class fishing, boating, golfing, and dining in the heart of Englewood and surrounding villages of Venice and Boca Grande. Picture yourself in this cozy, charming neighborhood – it's the perfect blend of comfort and convenience. And guess what? You'll love the added bonus of being in an X flood zone, which could save you a bundle on flood insurance. Step outside and take in the meticulously manicured lawn and landscaping, complete with an irrigation system. It's a real point of pride for the homeowners here. Now, let's talk about the inside – this place is all about open concept living. With cleverly placed skylights and those impressive cathedral ceilings in the living areas, you'll bask in that bright, airy feeling all day long. And oh, the entertainment possibilities! Imagine hosting gatherings on your expansive covered, screened lanai – it's the perfect spot to make memories with friends and family. But wait, there's more! The backyard is a blank canvas, ready for your personal touch. Dreaming of a pool? You've got the space for it right here. This is your chance to bring your vision to life. With this property, you get to design your living spaces to match your unique preferences and lifestyle. It's all about making it your own. Please call now to preview your future lifestyle!

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

Annual Financial Highlights

Expected Rent

$27,474

Expenses

-$4,890

Property Taxes

-$5,200

Loan Payments

-$21,148

Net Cash Flow

-$3,764

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:Jim Litton, PA
MICHAEL SAUNDERS & COMPANY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #D6132437
Last Updated: 09/18/2023 22:09
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