1986 Doublewide Manufactured Home on large fenced lot. CASH or with Seller Financing w/only $8,000 down Available
- $79,900
- 3 beds
- 2 baths
- 1300 sqft
- Price:
- $79,900
- Address:
- 5107 Desoto Rd, Sebring, Fl. 33870
Sebring, Florida 33870 - Square Feet:
- 1300
- Lot Size:
- .87 of 1 acre
- Bedrooms:
- 3
- Bathrooms:
- 2
- Terms:
- Owner Finance
- Property Type:
- Manufactured
- Year Built:
- 1986
- Const. Type:
- Manufactured
Additional Features
CASH PRICE: $79,900. SELLER FINANCING PRICE: $105,000 with Only $8,000 down. 1986 Doublewide Manufactured home on a paved road with city water and a septic tank. Home sits on a large lot that measures 100' front by 337' deep = 37,700 total S.F. An orange grove is across the street so it very private with little traffic. Only 12 minutes to downtown Sebring. Gated and fenced all the way around the property. Large beautiful oak trees are on the property and a few mature fruit trees too. There's plenty of room in the rear to build a large structure or barn. Two well pumps are on the property. There is a very large screened in front porch 26' long by 10' deep. Unfinished cabana room 12' long by 10' deep. Main House = 1,300 SF. Front Porch = 260 SF. Unfinished Cabana - 120 SF. TOTAL SQUARE FOOTAGE = 1,680 SF. Taxes are only $2,312/year. AFTER-REPAIR VALUE (ARV) IS: $140,000 to $160,000 BUYER TO PAY ALL SELLERS'S CLOSING COSTS TO INCLUDE BACK TAXES: $7,000 APPROX. SELLER FINANCING TERMS: PRICE $105,000. - LESS DEPOSIT $8,000. = $97,000 BALANCE TO FINANCE. $97,000 PRIVATE LOAN 10% PRINCIPAL AND INTEREST TERM: 30 years with a Balloon Payment at the end of year 15. NO Prepayment Penalty. Monthly Payment: $851.24 PROJECTED MONTHLY RENTAL INCOME: $1,700 TO 1,800 RENTAL NET INCOME AFTER TAXES AND INSURANCE: $600+ PER MONTH. CALL FRANK OR DAN.