Great investment opportunity: Property is currently being leased by long term tenants who would like to sign a new lease (currently month to month). Expected Cash on Cash return of 9.32% (assumes 25% down payment, 30 year fixed mortgage, 3.318% interest rate. Based on listed sale price using current rent, homeowners insurance, and property taxes). Large four bedroom home. Open kitchen with quartz counters and breakfast room, formal dining, living room, family room. Versatile sun room on the first floor is bright with plenty of windows, can be used as a play room, home office, exercise room, etc. Half bath on first floor, two full bathrooms on the second floor. Master bath includes tub and separate shower. The bonus room is also versatile with lots of possibilities. It could be used as a media room or even converted to a fifth bedroom by adding a closet. Large backyard with plenty of room for a playground, swimming pool or outdoor entertaining. New flooring throughout the upstairs bedrooms, bonus room, and hallways / stairs as well as the sun room and living room on the first floor. Less than one mile to the Zachary Community Park, Youth Sports Park, dining (Walk-On's, Lit Pizza, Arzi's, etc.) and shopping. The Zachary YMCA is also less than a mile away. Please no Solicitors - including Realtors and other Real Estate professionals, unless you are representing a prospective buyer.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
