ATTENTION INVESTORS! Here's your chance to own an affordable income-producing property under $260,000 in beautiful sunny Palm Springs, CA. With an estimated 6% annual ROI, this beautifully updated manufactured home sits on owned land with a low HOA fee around $330/month (paid by Landlord) and is currently leased at $2,050/month with a long term Tenant who pays all utilities. Large floor plan Featuring 2 bedrooms and 2 bathrooms offers comfortable living and the property was completely remodeled over 4 years ago (PICTURES SHOWN ARE FROM BEFORE TENANTS MOVED IN). Located in a prime central location with quick access stores, shops, and restaurants. El Dorado Palm Estates is a 55+ community located just minutes from Target, Walmart, Home Depot, and more. Residents enjoy full access to two swimming pools and a spa, saunas, tennis courts, a newly renovated gym, a game room, a library and many other amenities. Residents can participate in activities, such as Bridge, Poker, other card games. The spacious clubhouse contains a commercial kitchen which is frequently put to use when catering various park-sponsored social activities that are held throughout the year. Best of all, ownership is not restricted by age--investors of all ages are welcome. Don't miss out--submit your offer before this opportunity is gone!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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