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This unique property offers an incredible investment opportunity with a 2-bedrrom, 1-bathroom single-wide manufactured home (built in 1971) plus a two-story duplex with two 1-bedroom, 1-bathroom units (1986). Situated on 4. 2 acres of irregular lot space, this property provides ample privacy and potential for income generation. The mobile home features durable metal roof, while the duplex boasts a well-maintained shingle roof. A recently built 20x12 carport (2023) adds convenience, and a gravel drive leads to the property. Whether you're looking to invest in rental units or enjoy the peaceful privacy of rural living, this property offers versatile options. With its spacious layout and separate units, this property is a perfect fit for someone looking to create a steady income stream or a multi-family compound.
Bushnell, Florida is a charming small town nestled in the heart of Sumter County. Known for its rural appeal and southern hospitality, Bushnell offers a peaceful lifestyle while still being within easy reach of larger cities like Orlando and Tampa. Residents and visitors enjoy the natural beauty of the surrounding area, including nearby parks and wildfire areas, which provide ample opportunities for outdoor activities like hiking, fishing, and birdwatching. Bushnell is also home to the Sumter County Fairgrounds, where local events and festivals take place throughout the year. The town's close-knit community, combined with its proximity to major highways, makes Bushnell an ideal location for those looking for a quiet, rural lifestyle with access to modern amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $155 | $155 | $155 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,946 | $2,021 | $2,572 |
Total Monthly Payment | $2,176 | $2,251 | $2,802 |
* 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.