1344 SPRINGDALE STREET

PRICE JUST DROPPED BY $45K! MOTIVATED SELLER!!!
Don’t miss out on this aggressively priced, 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!!!