1344 SPRINGDALE STREET

Description

This pristine home price includes : FULLY FURNISHED 4-bedroom, 2-bathroom single-family home is READY to generate passive INCOME or ENHANCE your investment portfolio. Located less than 5 miles from Clearwater Beach—this property offers modern amenities and a prime location for both personal enjoyment and rental potential. the #1 rated beach in the U.S. With luxury vinyl plank flooring, high-efficiency double-paned windows, and new doors, the property offers modern comfort in a spacious block construction.

PROPERTY HIGHLIGHTS:

Prime Location: Situated on a quiet street with no HOA fees and outside any flood zones, ensuring low overhead costs.

Open Floor Plan: The split-bedroom layout creates a bright and inviting space, perfect for families or entertaining guests.

Private Oasis: Enjoy a resurfaced heated pool within a fenced backyard, ideal for relaxation or hosting gatherings.

TURNKEY INVESTMENT OPPORTUNITY:

This home has a successful track record as a vacation rental, offering Pro Forma:

Projected Annual Gross Income: $80,000

Net Operating Income (NOI): $64,000

Capitalisation Rate (Cap Rate): ~10.7

Estimated Cash-on-Cash Return: ~20.9

FINANCING EXAMPLE :

Assuming a loan amount of $450,000 with a 6.99 interest rate on a 30-year fixed mortgage:

Principal and Interest Payment: Approximately $2,991/month

This property presents an exceptional opportunity for both personal enjoyment and investment potential in a highly sought-after location.

This property will not last schedule you appointment today!!!