613 Valley Heart Lane, Central Point, OR 97502

$498,000

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Listing courtesy of Coldwell Banker Professional Group.

List Price
$498,000
MLS#
220227277
Status
ACTIVE
City
Central Point
County
Jackson
Year Built
2005

Property Description

Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.

Additional Information

HOA Fee
$100
Taxes
$4,549
Acres
0.07
View
Territorial
Water
Public
Heating
Forced Air
Foundation
Concrete Perimeter
Flooring
Carpet, Vinyl
Elementary School
Central Point Elem
Middle School
Scenic Middle
High School
Crater High

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: