2816 31st Street $300,000

Modern design meets reliable cash flow in this well-maintained 3-bedroom, 2-bath single-family home—perfect for investors seeking immediate income. With a tenant already in place, this property offers a seamless transition and zero downtime. The home features three spacious bedrooms and two contemporary bathrooms, complemented by an open-concept kitchen with sleek countertops and quality appliances. A two-car garage and hurricane-impact windows add convenience and peace of mind, while energy-efficient construction and high-end finishes enhance long-term durability and tenant appeal. Located in a high-demand rental corridor, this like-new residence has been thoughtfully upgraded to attract and retain quality tenants. The property generates approximately $25,200 in gross annual rental income, with estimated annual expenses of $3,705, resulting in a net operating income of around $21,495. Based on the current asking price, this equates to an estimated cap rate of 7.2%. Showings are permitted only after an accepted offer to maintain tenant privacy. This listing is well-suited for buyers pursuing a 1031 exchange, expanding their portfolio, or entering the rental market. For address, rent roll, lease terms, and financials, please inquire. *All financial figures are estimates provided for informational purposes only; buyers are responsible for conducting their own due diligence.

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