Property Overview

This 2-bedroom, 1.5-bath concrete block home offers 979 sq ft of functional living space in a steady West Orlando rental market. Built in 1979, the home includes a 1-car garage, practical layout, and durable block construction. The property is currently tenant-occupied at approximately $1,675 per month, providing immediate income from day one with no vacancy period or make-ready required.

The interior is in serviceable condition with only light cosmetics typically needed between tenants. Demand for affordable single-family rentals in this area remains strong, and similar homes commonly lease in the $1,600–$1,750 range depending on finishes. For resale considerations, updated 2-bedroom properties of similar size support an estimated ARV in the mid-$250s.

Investment Highlights

• 2BR / 1.5BA single-family home | 979 sq ft
• Block construction (1979)
• Reliable tenant in place at ~$1,675/mo
• Light cosmetic touchups as needed over time
• 1-car garage for storage or added utility
• Strong rental demand throughout 32808
• Estimated ARV (updated 2BR home): ~Mid-$250s

Rental Performance

• Current Rent: ~$1,675/mo
• Market Range: ~$1,600–$1,750/mo depending on updates
• Positive cash flow under typical investor financing and operating assumptions

Condition Overview

• Solid block structure
• Functional interior layout
• Kitchen and baths in working condition
• Standard cosmetic items as desired
• Garage offers flexibility for storage or tenant use

Rental Comps Snapshot

• 2BR / 1BA – 860 sf – $1,600/mo
  Older block home, similar condition, rented quickly.
• 2BR / 1BA – 912 sf – $1,650/mo
  Typical 1960s–1980s block rental in the area.
• 2BR / 1.5BA – ~1,000 sf – $1,700/mo
  Updated interior; similar bed/bath count.
• 2BR / 1BA – 950 sf – $1,675/mo
  Average condition rental; aligns closely with subject property.
• Median SFH Rent (32808, all sizes): ~ $1,885/mo
  Skewed by 3BR homes but confirms strong demand.
• Recommended Rent Range for Subject Property: $1,600–$1,800/mo
• (Current tenant at ~$1,675/mo fits perfectly.)

Summary

This is a clean, income-producing 2BR block home in a strong West Orlando workforce housing area. With a dependable tenant already in place, minimal anticipated turnover costs, and an estimated ARV in the mid-$250s for updated properties of similar size, this home offers a stable, straightforward opportunity for rental investors seeking consistent returns and low maintenance needs.

Contact

📞 Call/Text: 321-436-4911
📧 Email: fosteralgier@gmail.com
🌐 Website: FACSold.com