Pros & Cons of 13225 NE 41st St, Silver Springs, FL 34488

This unique property offers a blend of natural beauty and investment potential, making it an intriguing option for both personal use and rental income. With a spacious 2/2 updated manufactured home set on 2.14 acres, it provides ample room for family gatherings or a peaceful retreat. The property is well-landscaped and borders the stunning Ocala National Forest, appealing to nature lovers and outdoor enthusiasts. However, potential investors should consider the current negative cash flow and the need for further investment to maximize its income potential. Overall, this property presents a unique opportunity with both advantages and challenges.

Weighing the Investment Potential

In conclusion, this property presents a compelling mix of opportunities and challenges for potential investors. The spacious land and updated home offer a solid foundation for generating rental income, especially given the attractive cap rate of 6.6%. However, the negative cash flow and cash on cash return indicate that immediate profitability may be a concern. Investors should carefully consider the potential for subdivision and the appeal of the natural surroundings against the risks of market fluctuations and maintenance costs. Ultimately, this property could serve as a rewarding investment for those willing to navigate its complexities.