5 Homes on three separate parcels with a combined lot size of more than 1.54 Acres. The property includes two modern 3-bedroom, 2-bath homes built in 2008, each offering nearly 1,300 square feet of living space, along with three older homes built between 1960 and 1970 ranging from 875 to 1,216 square feet. All five homes are fully rented with long-term tenants, many in place for over ten years, generating a strong gross monthly income of $5,600. Utilities are structured with tenants paying for electricity and trash. Tenants pay water. Beyond the consistent cash flow, the property offers significant upside with room to expand and the potential to add more units. This is a turn-key rental package that combines stability and income.
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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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