SFD investment with a 6.6% cap rate with monthly rental rate of $6437.50. This single family detached home has wood and tiled floors, upgraded and updated granite counters throughout with upgraded stainless steel appliances. Both bathrooms have been upgraded and the open floor plan gives more spaciousness to the home. Tenant is a California licensed medical provider, has been in the property for the past 2 years, just exercised their 1st option for another 2 years and still has two more 2 year options with 3% increases annually for the remaining option years. Great passive investment with growth.

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Overview

  • SubdivisionOther (OTHR)
  • Year Built1965
  • Lot Sq Ft6200
  • RoofingShingle
  • CoolingCentral Air
  • WaterPublic

Features

  • InteriorGranite Counters
  • Security
  • Floor CoveringsCarpet,Wood