37232 McMinn Ave

Dade City, FL 33525
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3 bd, 3 ba | 3,179 sqft | Built in 1960

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$2,250

Total Return

$182,035

Annualized Return

25.3%

Cap Rate

5.9%

Gross Yield

8.3%

Cash Flow

$466

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,942

HOA

None

Flood Risk

Not Required

An opportunity awaits to add your personal touches and finish this remodel to your liking! Set
on a beautifully landscaped, oversized corner lot in downtown Dade City, this 3 bedroom, 2.5
bath home blends vintage charm and modern updates. 2018 AC, 2020 Water Heater, 2010
Roof. Step inside to a classic layout with an expansive formal dining room overlooking the
garden. The spacious living room offers character and convenience with lovely built-in shelving
and easy access to the kitchen and eat-in dinette. Current owners have removed the
appliances and countertops. The primary bedroom needs new flooring and it features a walk-in
closet and a nicely updated ensuite bathroom with a jetted tub, a new vanity, new fixtures, and
upgraded lighting. Bedrooms 2 and 3 are generously sized and adjacent to the home's second
full bathroom. This property is a gardener, tinkerer, and car lover's dream! It boasts lush
landscaping with various plants, a two-car block carport, a one-car standalone carport, and a
workshop with water and electric connections. This location is terrific, close to Dade City's
local events, shopping, and restaurants. Call us today for your private showing!

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

Annual Financial Highlights

Expected Rent

$25,650

Expenses

-$4,566

Property Taxes

-$2,950

Loan Payments

-$17,669

Net Cash Flow

$466

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.

Similar Listings



Listing Courtesy of:Sonny Glover
Agent License 3366910
KING & ASSOCIATES REAL ESTATE LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8316057
Last Updated: 11/19/2024 11:11
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