8253 Gallo Ave

North Port, FL 34287
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2 bd, 2 ba | 1,328 sqft | Built in 1976

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List Price
$234,000

Initial Investment

$63,765

Purchase Price

$234,000

Down Payment

25%

Rent

$1,640

Total Return

$143,020

Annualized Return

26.4%

Cap Rate

5.5%

Gross Yield

8.4%

Cash Flow

-$653

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,968

HOA

None

Flood Risk

Not Required

Welcome to Your Dream Home! Absolutely perfect for First Time Buyers, Snowbirds, Empty-Nesters or Investors!
This fully updated, move-in-ready gem is everything you've been searching for—and the MOTIVATED SELLERS are ready to make it yours! So close to everything you need for your daily life: Shopping, Nature trails, Restaurants, Medical services. Located in an X Flood Zone so flood insurance should not be required for most mortgages.
Features You’ll Love:
Fresh Paint Inside & Out for a bright, modern look, great landscaping for curb-appeal
Hurricane Impact Front Door
New 6-Panel Interior Doors and stylish new ceiling fans
1-Year-Old Roof for peace of mind and Brand New water heater
Extra graveled parking area with RV plug and boat parking
Additional covered parking area
Expansive paver patio in the private stockade-fenced backyard—perfect for entertaining
Two storage spaces: 9x12 storage shed and a 10x5 storage closet
CITY WATER and SEWER
This home is not only updated but also incredibly practical for outdoor enthusiasts, offering plenty of space to store and protect your toys. All that’s missing is you!
Don’t wait—schedule your private showing today

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

Annual Financial Highlights

Expected Rent

$18,696

Expenses

-$3,328

Property Taxes

-$3,300

Loan Payments

-$12,721

Net Cash Flow

-$653

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:Renata Kotowicz
Agent License 3116930
COLDWELL BANKER SUNSTAR REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7500531
Last Updated: 11/18/2024 12:11
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