If you have any questions about bidding on HUD homes call me on 480-442-0779 or you can visit the HUD Home Store
Investment Property between $30,000 and $49,999
This Condo for sale in Mesa is priced at $47,000 with 1106 square foot in size and has 2 bedrooms and 2 and half bathrooms. This property is located in The Place at Mesa.
Major crossroads are Mesa Drive and Broadway.
This condo was built in 2003 and listed at $42.50 per square foot with estimated taxes for 2012 at $359.54.
The HOA fee for this condo unit is stated at $135 a month and a transfer fee of $400.
There is currently only 1 unit for rent in the Community with 3 units rented out in the last 6 months.
The unit for rent is listed at $0.77 per sq. ft. a month and the average of the leased units in the past 6 months was at an average of $0.67 per sq. foot monthly.
Investment Property between $50,000 and $69,999
For this price range, my pick for this week is a single level 3 bedroom home for sale in the North Valley View subdivision. This home is listed at $67,000 and is 1108 sq. ft. in size with 3 bedrooms and 2 bathrooms. Priced at $60.47 per sq. ft. with no HOA fees and taxes for 2012 is estimated at $731. This home was built in 1983.
This property is located in Phoenix and the major crossroads are 7th Avenue and Union Hills.
Active rentals are priced at an average of $0.95 per sq. ft. monthly and recent leased homes in this subdivision have gone for an average of $0.87 per sq. ft. monthly.
In the past 6 months, 6 homes have been leased and there are 3 active rental homes on the market in the subdivision
Investment Property between $70,000 and $100,000
This 3 bedroom home for sale in Laveen is priced at $84,000 and has 1402 sq. ft. of living space. It’s a single story home in Country Glen subdivision, priced at $59.91 per sq. ft. and was built in 2003. Major crossroads are 43rd Avenue and Baseline.
Taxes for 2011 was $991 and has an HOA fee of $58 monthly and $400 transfer fee.
There are currently 2 active homes for lease in this subdivision with 6 homes rented in the past 6 months.
Active homes for rent are listed at an average of $0.56 a month and the ones in the past 6 months have been rented out for an average of $0.59 per sq. ft.
If you are interested in the Rental Analysis or Rental Rates for a property, please contact me here.
If you are interested in buying an investment property in Phoenix, call me on 480-442-0779.
You can also click this link to see other great investment homes priced between below $100,000 in Phoenix.