Newer Build. Block-built house. Old World Eustis.
Beds: 3 Baths: 1.5 Heated Sq ft: 1,352 Year Built: 1987
Estimated Closing Costs: $1,800
Ready Rental Price: $70,300
Estimated Monthly costs:
Est. Monthly costs: $200
Monthly Rental: $855
Annual Net to owner: $7,860
Est. Net Rental Yield: 11.2%
Approved Price: $68,500
What a great opportunity for someone wanting a house for less than $70,000. The house has just had a freshen up & now has tenant ready to move in on the 1st March. It has tiled floors throughout, which are perfect for a rental house, or any Florida house for that matter. All rooms have been painted, and the bathroom and kitchen tidied up. Now this is complete it is a very rentable house.
Eustis is located a couple of miles from Mount Dora, and is also built around a lake. Right now there is a new road under construction which will link Orlando in approximately 20- 25 minutes, which is sure to be a big part of the growth of Eustis.
The downtown area has regular community events, including farmer's market and the monthly custom car show.