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**Investor Special in Spring Hill – 3 Bedroom, 2 Bath Home on Half an Acre**
Opportunity awaits with this 3-bedroom, 2-bathroom home situated on a spacious **half-acre lot** in Spring Hill, Florida. Offering plenty of potential and room to grow, this property is ideal for investors, flippers, or buyers looking to create their dream home while building equity.
The home is currently livable and provides a solid foundation for your vision. Whether you're looking for a **blank slate to customize to your taste** or seeking an investment property that could shine with a few cosmetic updates, the possibilities are endless. With some fresh paint, flooring, and personal touches, this home could be transformed into an excellent primary residence, rental property, or profitable investment.
Step outside and enjoy the privacy and space that a **. 50-acre lot** provides. Mature trees offer shade and character, while the expansive yard presents endless opportunities for outdoor living, gardening, recreation, or future improvements.
Conveniently located near shopping, dining, schools, parks, medical facilities, and major roadways, this property combines the benefits of a larger lot with easy access to everyday conveniences.
If you've been searching for an affordable property with tremendous upside potential, this is an opportunity you won't want to miss.
**Cash only. **
Schedule your showing today!
This version keeps the investor appeal while sounding a little more polished and aspirational for both investors and owner-occupants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$190,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $152,000 | $152,000 | $152,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $101 | $101 | $101 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $899 | $948 | $1,252 |
| Total Monthly Payment | $1,075 | $1,124 | $1,428 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.