As an investor looking at this 3-bed, 3-bath, 1,689 sqft single-family home in Winter Garden, here are the top five things you need to know to make a smart play:
Strong Rental Market: Comparable 3-bedroom units are renting between $2,299 and $3,000, with a median rent potential around $2,550. This suggests good cash flow potential, especially given the recent rent history (though note the last listed rent was $2,250).
Solid Valuation Range: The market analysis places the property's likely sale value between $397,000 and $439,000, with comps trading around $263 per sqft. Your property's current valuation is $375,900.
Expense Check - Taxes & Insurance: The annual property tax is $4,624 (a rate of about 2.13%). Wind risk is rated EXTREME (Risk Score 9), meaning mandatory wind insurance could be a significant recurring expense you must factor in.
Desirable Amenities: This property offers significant appeal for tenants with a private pool, Central Air, and access to community perks like a basketball court, BBQ area, playground, and pet park. These features help justify higher rents.
Neighborhood Stability: Located in a stable, gated community near major highways (408 & 417) and Winter Garden Village, this location supports a long-term buy-and-hold strategy rather than a quick flip, thanks to family appeal and good schools (rated 5, 4, and 7).