Very High Yielding Duplex - South West Florida (15.13% NET!). Ideal hands off / hassle free investment product.

Ref: US253
Selling Price: 59 900 USD
Price: £ 39 119 / 57 844 AUD
Return(%): 15.13
Area: Florida

Property size: 2054 sq.ft.
Bedrooms: 4

Send enquiry

Description property in usa

4 Bedroom Duplex villa with 2 Bedrooms and 1 Bath on each side measuring 1,027 sq ft each side. Situated close to Sunshine Blvd which with close commute into Ft. Myers. Also close to all schools and shopping in Lehigh which makes them desirable rental for families.

The property is offered fully renovated and is managed by our local rental management partner. It is an ideal hands off, hassle free investment product with a high NET yield of 15.13%

The tenants will furnish the property so they are likely to stay long term, a new lease will be signed every 12 months.

Price = $59,900
Year Built 1994 (renovated 2010)
Bed/ Bath 4/2
Gross Monthly Rent = $1,100

Yearly NET cash profit = $9,060
High Yield 15.13%

Download the Income and Expenses for this Property

Location and Local Attractions property in usa

Comfortably away from the pace of everyday life, the area offers the quiet of the Florida countryside coupled with family activities, easy access to the area's international airport and excellent shopping excursions. The famous Fort Myers Beach, Sanibel Island, and Captiva Island are within a short drive and offer beautiful white sandy beaches and pristine natural habitats. The area is the perfect place to enjoy miles of freshwater canals, great fishing, boating, tennis, great golf courses, horseback riding and numerous hiking and biking trails.

Property Taxes are based on the appraised value of each and every property, as property prices have fallen dramatically, property taxes have also fallen. The result of lower property taxes is an increase on your return (yield). Nearby employers include, major retail stores, corporate headquarters, distribution centres, hospitals, universities and industrial areas, ensuring an excellent supply of quality tenants.