The most affordable entry on this slate. A simple, easy-to-lease 3-bedroom in Lakeland’s growth corridor, ideal for investors looking to expand their portfolio without stretching their capital.
Quick Snapshot
- Property type: Single-family home
- Beds / Baths: 3 beds, 1 bath
- Living area: 786 sqft
- List price: $204,990
- Status: Vacant, not currently rented
- Estimated market rent: $1,700 per month
- Estimated ARV: $235,000
Why This Deal Works
- Lowest entry price in the entire 6-property package, with minimal capital outlay to add a Florida door to your portfolio
- Compact 786 sqft footprint translates to the lowest insurance, repair, and turnover costs across the slate
- Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of the strongest appreciation paths in the state
- Vacant on close gives the buyer flexibility: lease immediately at $1,700 market, or do a quick cosmetic refresh to push above $1,800
Investment Highlights
- Sub-$205K entry price means the lowest down payment of any property here, and DSCR, conventional, or hard-money financing all pencil
- 786 sqft is small, but every square foot is productive, driving the most efficient $/sqft rent ratio on the slate
- Clean BRRRR candidate: vacant property plus ~$30K ARV spread plus light cosmetic work equals potential refinance back to most or all of capital
- Pulls demand from Lakeland’s largest tenant segments (single workers, working couples, and fixed-income retirees), keeping vacancy short
Additional Information:
Ready to move forward or need more details? Contact Jorge Vazquez today at 813-679-6177 or email jorge@graystoneig.com to discuss this opportunity and get your questions answered.
