Attention seasoned and novice investors. Welcome to 2114 Vandivere Rd and the perfect investment property for you. Investor Highlights include
- Turnkey Duplex
• Total Monthly Rent: $2,175 ($1,050 + $1,125)
• Annual Gross Rent: $26,100
• Annual Expenses (Taxes + Insurance only): $2,100
• Net Operating Income (NOI): $24,000
• Cap Rate: 10%
Both units are tenant-occupied with consistent rent payments. Owner pays no utilities. Strong cash flow with minimal expenses makes this a high-performing investment opportunity in an affordable market.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $240,000 | $148 | Woodward & Associates |
Middle School Murphey Middle Charter School | 1.1 miles away | 06 - 08 | |
Elementary School Bayvale Elementary School | 1.1 miles away | PK - 05 | |
Elementary School Monte Sano Elementary School | 1.4 miles away | PK - 06 |