Purchase price: $50,000 Down payment: $10,000 Remaining balance: $40,000 Total monthly payment: $1,700 Lot rent: $900 (comes out of that) So that leaves: $800/month going toward the home Step 3: Payoff timeline (no interest) If all $800 goes toward the $40,000 balance: $40,000 ÷ $800 = 50 months That’s about 4 years and 2 months
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.
