Great investment opportunity with immediate cash flow! This remodeled 3-bedroom, 2-bathroom home offers over 1,700 square feet of living space on nearly half an acre. The functional floor plan includes two separate living areas and a dedicated office located just off one of the living spaces, providing flexibility for a variety of tenant needs. The home also features a detached two-car garage, a covered front porch, and a spacious lot with plenty of room for pets, storage buildings, or outdoor recreation. Recent updates include flooring, fresh interior paint, and updated light fixtures. The property is currently leased for $1,650 per month, with a new 1-year lease already signed at $1,700 per month beginning in September. The tenant is responsible for all utilities and lawn care, helping keep owner expenses low. The property also has the potential to qualify for the HUD Housing Choice Voucher (Section 8 program, subject to inspection and approval by the local housing authority. This is a turnkey investment with cash flow already in place.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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