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Alva, FL 33920
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Listed
Home details as listed · verify independently
Address: Wyandotte Ave, Alva, FL 33920
Specs: 4 Bedrooms - 3 Bathrooms - 1,210 sqft
Details:
- This house is basically two units so you can have 2 tenants there. Main House is 3 Bed, 2 Bath and the Garage is converted into another unit which is a 1 Bed, 1 Bath.
- House is in Brand New Condition. Roof is 2 years old. HVAC was replaced last year. House is in move-in condition.
- House was never Flooded and it is not even in Flood Zone. It’s in Flood Zone X
Terms:
- Purchase Price: $250,000
- Annual Interest Rate: 4.00% (Fixed)
- Amortization Term: 30 Years
- Balloon Payment Due: 6 Years
- Total PITI: $1,500.82 (Approx.)
Rental Value:
- Conservative Rent: $2,100/mo
- Likely Market Rent: $2,250-$2,400/mo
- Optimistic Rent: $2,500/mo (if fully updated and marketed well)
Entry Fee:
- $30,000 (Includes Assignment Fee)
ARV:
- $280,000+
Commission
Commission Offered
This opportunity in Alva, FL is offered at an asking price of $30,000 as shown on the card. After repair value (ARV) is shown as about $280,000, which implies a gross spread of roughly 89.3 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 4 bedrooms, 3 bathrooms, 1,210 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “cosmetic.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1970; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale