Investment Property, Rent to UC Merced Students |
5 bed/3bath/3car garage, 2650sf, fireplace, granite kitchen, cherry cabinets, tile floor, fenced Yard, 7000sf lot, brand new, never lived in.
The average student will pay $400- $450 for renting a room. This give you $2000 - $2200 worth of income. Include the concervative appreaciation of 3% or 16K a year and your dealing with a lucrative investment.
The projected student population will be 30,000 |
| Contact person: |
Unknown |
| Seller type: |
Private Owner |
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| Address: |
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| City: |
Merced |
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| Zip/Postal
Code: |
95348 |
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| Type: |
Single Family Home |
| Listing Status: |
Sold |
| Price: |
530000 |
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