About

This fully leased rental is bringing in 2,200/month and offers immediate income with a tenant already in place. More investors are skipping the vacancy risk and focusing on homes like this—already rented, already performing, and ready to go. Features include 2 bedrooms, 2 bathrooms, 1,416 sqft, with a bonus room, a newer HVAC system, and a freshly painted exterior (2024). Lease runs through July 1, 2026. 5.15 Cap Rate on current, actual rents. Managed with annual inspections and fast-response maintenance. Offered individually or along with 1069 Palmwood Dr and 1218 Junction Dr as part of a Sparks-based portfolio, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for detailed financials or portfolio info.