This Florida Ranch style home built in 1988 is ideal for the First Time Home Buyer or Investor looking for a tenant occupied income producing property. Located in Poinciana's Village I, this three bedroom home features a split floor plan. The large inviting living room dining room combination has wood floors throughout and cathedral ceilings. The spacious Master bedroom suite is carpeted, has a walk-in closet and private bathroom. A large fenced in backyard provides safety and privacy while your family is at play or resting at night. The property currently is rented month to month and the existing tenants are willing to either renew a new lease contract with the new owner or relocate by date of closing. The seller is requiring either a 60 day closing period or traditional close for a buyer willing to provide a new lease to the existing tenant. The average rental monthly rental rate for this neighborhood is $1125/mo for a 3/2 and based on that information approximate rate of return on investment (ROI)=.0725%!
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.
