North Lauderdale, FL
Overview
- 4 Bedrooms
- 2 Bathrooms
- Built in 1960
Description
Welcome to North Lauderdale, FL, home to this single-family rent-to-own property. This 4 bedroom, 2 bathroom home was built in 1960 and boasts a great investment opportunity with a potential return on investment of 7.27% or more.
This beautiful property is already generating income as it is currently rented to a Section 8 tenant for $2,322 USD per month. Under the current lease, this rent is fully covered by the government, however, the lease ends on October 31st and could be increased to $2,596 USD on renewal, potentially increasing the ROI to 8.29%. Plus, the management company is happy to continue managing the property for the new owner.
This is a great opportunity to purchase a home in North Lauderdale, and start making a return on your investment right away. Please do not disturb the tenant or knock on the door! Showings only with an executed contract.
Don’t wait, this rent-to-own property won’t last long! Contact us today for more information.
Don’t miss out on the opportunity of a lifetime!
Our experienced team is here to guide you through buying a property from start to finish.
Contact us today to learn more about this listing and start your journey toward owning the home of your dreams!
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Do you have questions about this property?
- Principal and Interest
- Property Tax
- HOO fees
