These investment homes for sale in Phoenix, Arizona just came on the market.
The homes will not last and will be off the market by the end of the week.
I picked these 3 investment homes based on the price and also the rental rates.
They average around 10% ROI (return on investment) based on the numbers, providing good cash flow.
If you are interested in viewing any of these investment homes for sale, please call me on 480-442-0779.
Investment Homes for sale in Phoenix, $30,000 - $50,000
A 2 bedroom townhouse for sale in Phoenixpriced at $44,900 is my pick for this price range.
This townhome is located in the Hallcraft Villas Subdivision. Located close to 55th Avenue and McDowell Road.
This home is perfect as an investment property, it is a 2 bedroom, 1 and half bathroom.
It is a 2 story townhouse with 1068 sq. ft living space.
HOA fees are stated at $23 monthly with 2011 taxes stated as $350 for the year.
This home for sale is a bank owned and is owned by Fannie Mae. The town house will be available for investors to buy after 16 days on the market. Home was listed for sale on October 20, 2012.
There are currently 2 homes for rent in Hallcraft Villas.
4 homes have been successfully rented out in the past 6 months at an average of $0.59 per sq. ft monthly.
This home can therefore be rented at an average price of $630 month.
Investment Homes for sale in Phoenix, $50,000 - $70,000
My pick for this price range is a 3 bedroom home for sale at $59,900.
This townhouse has 2 bathrooms and has 1120 sq. ft. of living space.
Located in the Persian Gardens subdivision, major crossroads are 15th Avenue and Bell Road.
This home for sale is a short sale.
HOA fees for this townhouse in Phoenix are stated as $200 a month.
2012 annual taxes for this home was $255.
There are currently no homes listed for rent in Persian Gardens subdivision.
In the past 6 months, 2 homes have successfully rent out at an average of $0.79 per sq. ft. per month
This town home can therefore be rented out at an average of $884 per month.
Investment Homes for sale in Phoenix, $70,000 - $100,000
The last home is a 3 bedroom home for sale in Phoenix.
This single level home will be a great investment property priced at $90,000.
This home is a short sale requiring the approval of the bank or investor who owns the loan.
This home built by D R Horton Homes is located in the Park Meadows subdivision. Close to 35th Avenue and Southern Avenue.
HOA for this home is stated at $58 monthly and 2012 taxes are stated as $791.
There are currently 3 homes for rent in Park Meadows of same square footage listed at an average of $958. Only 1 similar home rented out in the past 6 months averagely for $800 a month.
This home can be rented out for between $850 and $ $950 monthly.
Call me on 480-442-0779 to get free PDFs of Rental Rates for each Subdivision or Rental Analysis showing ROI and Cash Flow Projections.
If you are interested in buying or looking for investment homes priced below $100,00 in Phoenix, call me on 480-442-0779.
Click here to find other investment homes for sale priced below $100,000 in Phoenix.
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