Opa Locka, FL
Overview
- 5 Bedrooms
- 3.5 Bathrooms
- 1,370 ft2
- Built in 1955
Description
Welcome to this turn key investment opportunity located in the safe and desirable neighborhood of Opa-Locka. This single family rent to own property offers the perfect opportunity to start collecting passive income. With 5 beds, 3.5 baths and 1370 SqFt of living space, this property is perfect for an investor looking to take their income to the next level.
The property was built in 1955 and has been fully renovated to meet all current codes and is ready to rent. The current gross yearly income is $42,000 with low expenses and a current cap rate of 6%. Proforma cap rate is 7.3%, making this a great opportunity for investors to increase their profits.
This property is also conveniently located close to the Amazon warehouse, making it an ideal rental for employees in the area. In addition, the surrounding neighborhood is stable and safe, creating a perfect environment for renters.
Don’t miss out on this amazing opportunity to start collecting passive income. Contact us today to learn more about this rent to own property and all that it has to offer.
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
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