Tenant-occupied with a lease in place through April 2027, this home offers an established rental opportunity with a calculated cap rate exceeding 5% at the current asking price. The tenant has expressed strong interest in renewing for another year, providing potential for continued occupancy beyond the current lease. Maintenance costs have been very low over the past two years, with records available upon request. Includes appliances, including dishwasher purchased in last 12 months. HVAC unit was replaced since last purchased as well. Situated on an oversized cul-de-sac lot, the home features vaulted ceilings, granite countertops, and a covered back porch overlooking a huge backyard with plenty of space to relax and entertain. An appealing option for investors seeking an income-producing property or buyers planning a future move after the tenancy ends. Low taxes, Low HOA, a fantastic opportunity!
Active
$223,500
Single Family / Detached
3 bds
2 ba
1,811 Sqft
0.16 Acre
32373916
Built in 1978
Inwood Pines Sec 04
5111 (2026)
Disclaimer: The information contained in this listing has not been verified by Shannon Property Management and should be verified by the buyer.