$399,000
Active · 36 days on market · MLS# MFRO6312979
| Bedrooms | 4 |
|---|---|
| Living area | 1,884 sq ft |
| Lot size | 0.22 acres |
| Year built | 1970 |
| Property type | Duplex |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $3,536 |
| County | Orange |
High-Yield Duplex — Fast Returns, Dual Income This turnkey duplex features a 3-bed, 2-bath main unit plus a self-contained studio — two income streams, one powerful investment. With $44,052 in Potential gross rental income and just $5,827 in expenses, it nets $33,819.80/year, even after factoring in 10% vacancy. 30% down and you may earn back over < 25% (a rare 25.93% cash-on-cash return) and with a projected net sales proceeds of <$150k after Year 3 (after a modest 10% increase in value), your total IRR hits 28.08%. Low risk, high cash flow, and a fast exit strategy make this a standout opportunity. Deals this good don’t last. Contact us today for your private showing.
Listing courtesy of Cardiff Howell, CENTRAL TOWER PROPERTIES. Presented by MC Homes Realty Inc · 727432218.