Davidson Realty, Inc.

What You Can Get for Your $150,000 Real Estate Investment

June 23, 2011

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Posted by in investment property

Low interest rates + bargain home prices + high rental property demand = a renewed interest in real estate investing. Let’s take a look at some examples available here in the north St. Johns County area for around the $150,000 mark.  Our in-house property management experts, Elsie and John Evans, provided rental income potential based on comps in the respective neighborhoods.

Ponte Vedra Shores 2 bedroom/2 bath condo for $126,000
This condo is offered at $126,000, down over $19,000 from an original asking price of $145,900.  The 1,420-square-foot condo is expected to bring between $750 and $950 monthly in rental income. Take a look: http://pub.realtyweb.net/link.html?u9539t6w7st,,1”

Sevilla 5 bedroom/3 bath home at $152,000
Originally priced at $173,787, this 2,074-square-foot home is expected to rent for between $1,600 and $1,800 monthly.  Check it out: http://pub.realtyweb.net/link.html?u941cjqyvk1,,1”

Heritage Landing 3 bedroom/2.5 bath home for $153,000
This 2,394-square-foot home was originally offered for $169,900. Anticipated rental income would be between $1,300 and $1,500 monthly. See more: http://pub.realtyweb.net/link.html?u941l9yykit,,1”

Heritage Landing 3 bedroom/3 bath home at $143,000
This 2,213-square-foot home has been reduced nearly $30,000. Rental income estimates are between $1,400 and $1,600 monthly. Take a look: http://pub.realtyweb.net/link.html?u941lgqvgek,,1”
 
Curious about the St. Augustine homes, Ponte Vedra real estate or Jacksonville, Florida homes available in your price range?  Give us a call at 904-940-5000 or stop by our office in World Golf Village.

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