This property offers a true 10.2% APR yield to the investor as the property has a 3 year lease purchase option with the lease option tenant responsible for all repairs, taxes and insurance. The tenant has a $3,000 non-refundable deposit toward the purchase price of $58,000 to be executed within the next 3 years or re-negotiated. 100% of the monthly payment of $492 passes through to the investor. Deprecation could be available adding to an even higher overall yield. Please call or email Accredited Investors, LLC at 971-313-0468 l 415-230-0343 or 415-580-0275 Donnalyn donnalyn@accreditedinvestors.llc to discuss details. Many other properties are available at similar yields in other parts of the country as well. Sales Price: $58,000
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.