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
Sold
Price Unknown
327 Matthews Ave, Sikeston, MO 63801
2beds
1,120sqft
SingleFamily
Built in 1940
4,791 sqft lot
$89,200 Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air
Cooling
- Other
Features
- Basement: None
Interior area
- Total interior livable area: 1,120 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 4,791 sqft
Details
- Parcel number: 1890300000100400300
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Sikeston