Investors, Looking for above market returns?This is a wholesale price on a turnkey rental property with terrific returns: Market value: $148,000 to $154,000Monthly cash flow: $250 to $700Cash on cash return from rents: 10% to 27% Additional equity capture: $10,000 to $18,000The higher amounts come from doing minor finish work to convert existing finished spaces into two more bedrooms.It is currently a 3 bed/2 bath home with an office and basement living area that can easily be converted into two more bedrooms by finishing out closets in each and a small wall/door in the living area. Total additional cost about $1,500 to increase rents by $450/mo. It's a great investment.If you are an investor looking to add to your portfolio, this property is perfect.For more information and to purchase this property contact Deylight Real Estate LLC at (801) 901-0813 or aspenhomes@live.com.
Off market
Zestimate®
$527,200
329 W 700 N, Santaquin, UT 84655
3beds
2baths
1,840sqft
SingleFamily
Built in 1998
9,365 Square Feet Lot
$527,200 Zestimate®
$287/sqft
$1,984 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Washer
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,840 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other, Stucco
Lot
- Size: 9,365 sqft
Details
- Parcel number: 483760016
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1998
Community & neighborhood
Location
- Region: Santaquin
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $90 monthly
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Estimated market value
$527,200