Assignment Price: π° $180,000
ARV: π΅ $300,000 +
Est. Rent: $2,200 / month (approx.)
Excellent investment opportunity in the heart of Sebastian, FL 32958.
This 3 bed / 2 bath single-family home sits on a quiet street in Sebastian Highlands β one of the areaβs most stable rental and owner-occupied neighborhoods.
Solid block construction and a functional floorplan make this a perfect light-to-medium rehab or rental property.
Built in 1979 | 1,232 sq ft living area | 10,019 sq ft lot (β 0.23 acres).
β Fix & Flip: Light to moderate rehab to reach full retail value β $300K +
β Buy & Hold: Projected gross rent β $2,200 / mo β cap rate β 10% + at asking
β BRRRR: Refinance potential with solid equity margin
| AddressBed/BathSq FtSold PriceSold Date | ||||
| 315 Melrose Ln | 3/2 | 1,248 | $315,000 | 05/2024 |
| 377 Melrose Ln | 3/2 | 1,210 | $305,000 | 04/2024 |
| 380 Del Monaco Ave | 3/2 | 1,200 | $310,000 | 03/2024 |
Shaun Holyfield
π² 850-353-3661
π§ info@raymorganinvestments.com
π www.RayMorganInvestments.com
2 Bedrooms | 1 Baths | 975 ft
4 Bedrooms | 2 Baths | 2,304 ft
3 Bedrooms | 2 Baths | 1,248 ft