Real Estate

Pros & Cons of 17694 SE 84th Peyton Ct, The Villages, FL 32162

Investing in real estate can be a lucrative opportunity, and this highly desired 3-bedroom, 2-bath Courtyard Villa presents a compelling case. With a new roof and updated HVAC system, this property is not only move-in ready but also offers a strong cash flow potential. The location is ideal, being close to various recreational facilities and community amenities, which enhances its appeal to potential renters. However, investors should also consider the competitive market and the potential for fluctuating rental demand in the area. Overall, this property stands out for its financial metrics, but it's essential to weigh both the advantages and challenges before making a decision.

What are the Pros of 17694 SE 84th Peyton Ct, The Villages, FL 32162?

  • Strong cash on cash return of 6.8% indicates solid investment potential.
  • Cap rate of 8.1% suggests a favorable return relative to the property's value.
  • Monthly cash flow of $366 provides a positive income stream after expenses.
  • No HOA fees, which increases overall profitability.
  • Proximity to popular amenities enhances rental desirability.

What are the Cons of 17694 SE 84th Peyton Ct, The Villages, FL 32162?

  • Potential for market saturation in the rental market could impact occupancy rates.
  • Dependence on local economic conditions may affect rental income stability.
  • Initial investment costs may be high depending on financing options.

What are potential Red Flags or Risks with 17694 SE 84th Peyton Ct, The Villages, FL 32162?

  • Fluctuations in property values could affect long-term investment returns.
  • Changes in local regulations regarding rentals may impact profitability.
  • Maintenance costs could rise unexpectedly, affecting cash flow.

Property Details for 17694 SE 84th Peyton Ct, The Villages, FL 32162

Property Detail Name Property Detail Value
Address 17694 SE 84th Peyton Ct, The Villages, FL 32162
Property Type Single Family
Price $325,000
Price Change $0
Tax Assessed Value $311,638
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,607.0
Lot Area 4792.0
Lot Area Unit SQFT
Year Built 2002

Final Thoughts on Your Investment Decision

In conclusion, this property offers a strong financial profile with a solid cash flow and attractive cap rate, making it a worthy consideration for any real estate investor. The absence of HOA fees and the recent upgrades add to its appeal, ensuring that it stands out in a competitive market. However, potential investors should remain cautious of the local rental market dynamics and the risks associated with property value fluctuations. Balancing these positive and negative factors will be crucial in determining whether this investment aligns with your financial goals. Don't miss out on the opportunity to explore this property further—schedule a personal tour today!

Financial Summary for 17694 SE 84th Peyton Ct, The Villages, FL 32162

Financial Metric Name Financial Metric Value
Cash on Cash Return 6.8%
Monthly Rent $2,286
Net Operating Income $2,188
Cap Rate 8.1%
Monthly Cash Flow $366
Gross Rent Multiplier 11.8
Debt Service Coverage Ratio 1.3
Principal and Interest $1,638
Tax $184
HOA Fees $0
Insurance $98
Total Payment $1,920