Best Buys 8/15/12
This week’s Best Buys are all unique or highly upgraded homes at great prices that produce moderate to good yields and are either move-in ready or need just paint and carpet.
Waterford Lakes Area $150-200K range
This unique single family home is not only upgraded throughout with a custom kitchen travertine tile bathrooms, granite counters, and an amazing pond view, but is also on a near ¼ acre cul-de-sac lot with good yield. Estimated rents between $1350 and $1500 given all of the premium features.
Avalon Park Area $150-200K range
Another upgraded Single Family short sale with corner lot. A bit overpriced, this home should be open to a much lower offer. Wood and tile floors with fenced yard, estimated rents between $1400-$1450.
East Orlando Area $100-150K range
Here is what I call a “Lowball Special”. WAY overpriced right now this home should sell for between $130-$150K to the brave enough buyer (depending on condition). No pictures yet, but in good shape this home will rent between $1300-1400/mo producing a very good yield. Lets make an offer!
Avalon Park $100-150K range
A bank owned townhome back on the market with upgrades throughout! This home is also already rented out for instant cash flow (details on existing lease to those interested). Full market rent between $1200-1300 for good yield, this townhome has potential.
East Orlando $150-200K Range
This normal sale has been completely renovated and upgraded, just ready for a new owner. Also backs to premium pond lot in the prestigious Cypress Springs Neighborhood. Estimated rents between $1400-$1500
Honorable Mentions – 204 E South St #4061 - Downtown Condo; 2555 Formax and 13842 Phoenix – Avalon Park townhomes; 10221 Cypress Trail – East Orlando Higher yielder; 4527 River Gem – Windermere HUGE home.
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