A newer Florida rental with an HOA-maintained setting, current tenancy, and demand supported by regional population growth.

This 3-bedroom, 2-bath property offers approximately 1,650 square feet and was built in 2002. The projected monthly rent is $2,350, with estimated monthly operating expenses of $980, producing projected net monthly income of $1,370. Based on the asking price of $289,000, the projected cap rate is 5.7%.

The property is currently tenant occupied, allowing income to begin immediately after closing. Professional property management is included or already arranged for a smoother transition.

The projected ROI of 8.7% combines the income profile with a conservative market appreciation assumption. Figures are estimates intended for listing presentation and should be independently verified during due diligence.