1427 Loretto Cir

Odessa, FL 33556
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4 bd, 3 ba | 2,990 sqft | Built in 2002

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List Price
$449,900

Initial Investment

$122,598

Purchase Price

$449,900

Down Payment

25%

Rent

$2,560

Total Return

$212,141

Annualized Return

21.4%

Cap Rate

4.6%

Gross Yield

6.8%

Cash Flow

-$5,130

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,951

HOA

$51/mo

Flood Risk

Not Required

This gorgeous home on an oversized lot in the sought-after Odessa area is a true gem! With a new roof, AC, and a brand-new water heater, it’s move-in ready. Step into the elegant formal dining and living rooms, complete with updated lighting to showcase your favorite pieces. The heart of the home—the kitchen—boasts stunning new quartz countertops, updated faucets, cabinets, and hardware. The open floor plan flows seamlessly into the breakfast nook, family room, and den, perfect for easy living and entertaining. The first floor features a laundry room, three bedrooms (including the spacious master suite), and a master bath with dual vanities, quartz countertops, a garden tub, and a walk-in shower. Upstairs, you’ll find a roomy loft, a full bath, and a fourth bedroom. Outside, enjoy the covered patio overlooking the expansive lot with additional space thanks to an easement. Zoned for great schools! With fresh paint, a two-car garage, low HOA fees, and no CDD, this home is ready for you to move in and start making memories! Schedule your private showing today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$29,184

Expenses

-$5,805

Property Taxes

-$4,050

Loan Payments

-$24,459

Net Cash Flow

-$5,130

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Robert Cancelli
Agent License 3447787
KELLER WILLIAMS REALTY- PALM H
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #W7870361
Last Updated: 12/03/2024 02:12
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