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Moreno Valley Investment Homes

By
Real Estate Broker/Owner with Realty Works Temecula BRE No: 01233850

Moreno Valley InvestmentsRiverside County Real Estate Investing - Where can I buy an investment home for under $200,000 - in Riverside County?  I get asked this question often!

Moreno Valley Investment Homes -Moreno Valley has some great opportunities for investors who want to buy residential property and rent it to tenants. 

Moreno Valley Investors can also find Moreno Valley short sales that need back up offers, especially if they are cash back up offers.  The reason is that many short sales start out with one offer and then by the time they are approved that buyer has become tired waiting.   

When searching for Moreno Valley Investment Homes one thing to look for is how the schools are rated. The area near Box Springs Road in Moreno Valley, has great schools, and the Sunny-mead Ranch area in Moreno Valley, is a very good area to find Moreno Vally Investment Homes, right now. 

Home prices there for a bank owned home begin at approximately $150,000 and and a three bedroom can be rented out for approximately $1400.00-$1500.00 per month.

 
About the home in the picture:  This Moreno Valley Investment home is a short sale that is close to approval the list price is $173,000 but a cash offer of $150,000 would most likely get accepted.  I've been in this home and it is very neat, clean and very well maintained.  
  • 4 bedrooms
  • 2.5 bathrooms
  • 2000 sq. ft.
  • Large lot for excellent resale value almost 7000 sq. ft. and already landscaped too!
  • No HOA fees
  • Low taxes also, only 1.2% of the purchase price
Here's more pictures of this Moreno Valley Investment Home:
 
Moreno Valley Investment Homes
 
 
Moreno Valley Investment Homes
 
 
 
 
 
What would this 4 bedroom Moreno Valley Investment home rent for?   I put $1,700.00 in due to the fact that this Moreno Valley Investment home has a large yard and also has a 3 car garage and Rentometer, says this is reasonable for the area!
 
Moreno Valley Investment Homes

 

SEARCH FOR HOMES IN Riverside County, California

If you would like more information about investing in Moreno Valley Investment Homes or investing or living anywhere in Southwest Riverside County, Temecula or Neighborhoods in Temecula or specifics about a community near Temecula or Southwest Riverside County, California,  call me for detailed information! Courtesy of First Team Real Estate

 

Jane Grant Southwest Real Estate Telephone: 866 621-0155

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Contact me for information regarding Real Estate in Riverside County. My office is in Temecula, and I specialize in selling homes in the Temecula Wine County, De Luz, La Cresta, Bear Creek, Murrieta, Wildomar and Menifee, Canyon Lake, Canyon Hills, Lake Elsinore areas! Anywhere in Southwest Riverside County and North San Diego County.

 

 

Broker of Record- DRE 01109492
Southwest Real Estate, Inc. 
Telephone: 866 621-0155

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Click Here for disclosure of non affiliation!

 

 

Comments (5)

Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Jane,

EXACTLY; great post on one of the bright spots in today's real estate market. Some forecasts suggest the rental market will be quite strong for the next 10 years.

Steve

Aug 20, 2011 02:34 AM
Steve Stenros
Poway,La Jolla,Del Mar,Mira Mesa,Carlsbad,Escondido,Temecula - San Diego, CA
CREIA MCI, ICC, ACI Home Inspector,San Diego

Jane: One certainly can get more house for their money in Moreno Valley! I like the little rent meter!

Aug 20, 2011 04:26 AM
Lisa Wetzel
RE/MAX Realty Affiliates - Carson City, NV
CDPE, SFR carsonvalleyland.com

Jane ... The values in your market seem amazing!  We have driven through there many many times and I've watched the area grow and grow!

Very similar to our market in Dayton, Nevada.  The homes that can be purchased out there are simply mind blowing!  Great Post!

Aug 20, 2011 04:31 AM
Not a real person
San Diego, CA

Hope you have a most wonderful weekend!

Aug 20, 2011 05:13 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Jane, you have done it again. Spotlighted an enormous opportunity for the short sale homeowner or investor in Moreno Valley to get in while the gettings good. Great exposure for this category of home. Keep up the good work.

Aug 20, 2011 05:22 AM