Turnkey investment opportunity
This well-maintained property generates $82,800 annually in rental income, with an impressive net operating income (NOI) of $64,800. At the current asking price of $1,174,000, it offers a competitive cap rate of 5.52%, making it a great option for both experienced investors and first-time investors looking for steady cash flow.
Key benefits for the investor
1. Stable cash flow
2. Attractive cap rate
3. Turnkey opportunity
4. Potential for improvement
5. Desirable location:
The property is located in a high demand or growing area, with local economic trends, low vacancy rates and proximity to amenities (e.g. schools, public transportation, businesses).
Listing
Street
Satellite
Exterior Features
Style Attached, One Story
Construction Single Family
Roof Shingle
Garage No
Water Municipal Water
Sewer Public Sewer
Lot Description 1/4 To Less Than 1/2 Acre Lot
Interior Features
Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air
Year Built 2021
Neighborhood & Schools
Subdivision RANDOLPHS ADDN TO GOULDS
Financial Information
Parcel ID 30-69-13-002-0210
Zoning 3150
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.