5113 8th St

Zephyrhills, FL 33542
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4 bd, 2 ba | 2,338 sqft | Built in 1940

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$2,210

Total Return

$139,787

Annualized Return

41.0%

Cap Rate

11.1%

Gross Yield

17.7%

Cash Flow

$7,256

Appreciation

11.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,500

HOA

None

Flood Risk

Not Required

Located within the Historic District of Zephyrhills, this beautiful home sits on 5 city lots sprawling .4-acres. Featuring 4 bedrooms and 2 bathrooms, this unique home is 2 stories and also boasts one of the few basements in Zephyrhills. With some TLC you can restore the home to its original charm, or if desired, use this current C2 zoned parcel for commercial purposes. In addition to the home, there is also a recently constructed spacious shed with electric in place. This corner lot is located close to all of Zephyrhills local restaurants, golf courses, parks, and more. Seller and realtor are currently working with Pasco County rezoning to potentially be able to allow for multiple Bungalow homes to be built on the property. Call today to be first to see this property with endless potential!

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

Annual Financial Highlights

Expected Rent

$25,194

Expenses

-$6,923

Property Taxes

-$2,860

Loan Payments

-$8,155

Net Cash Flow

$7,256

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:Lindsey Harrie
Agent License 3351285
CENTURY 21 BILL NYE REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8326270
Last Updated: 12/04/2024 11:12
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