Residential Income

Upon entering the world of real estate investments, the first move is to search for residential income-generating properties that are on sale. Due to Internet availability, this process is now efficient and time-saving. Here are 4 helpful tips that you may find useful while browsing for residential income properties for sale online:

Research Your Location

A real estate investment’s success is largely based on where it is located. Property location happens to be an extremely vital factor when you’re making money in real estate investing. Upon finding a rental property, research its location first. Check whether there’s a high demand for any rental properties in that location. Check whether real estate investments will work well.

Usually, unemployment rates and population growth rates should help you decide whether the rental property’s location is a worthy enough investment. Check for these indicators before you decide to invest in residential income properties for sale.

Utilize Internet-based Property Finders

Finding real estate listing online has simplified the procedure for finding a viable real estate investment property. There are many real estate investor websites, which allow one to find investment properties, which match one’s real estate investment preferences. Filtering your search by important attributes like price range, performance as investment properties and kind of residential income properties for sale is possible when you use top-rated property websites.

Here are some helpful property finders you can utilize for locating a residential income property that’s up for sale:

Mikepatel.com
Trulia.com
Zillow.com
Realtor.com

Understand Real Estate Information & Data

When it’s about finding residential income properties for sale online, you’ll find some recurring metrics related to real estate. It’s vital to know what these metrics mean since these can be vital real estate investment tools for assessing investment property performance.

Cap Rate

This is used for calculating real estate property profitability, which is obtained by dividing NOI with the current MV of any investment property. This cap rate calculation is not dependent on financing methods and is considered as a legitimate and strong indicator of ROI.

Cash Flow

These calculations are made by deduction of operating expenses from rental income. If you’re out to make money in real estate, that means having properties with positive cash flow. Otherwise, you’d merely be breaking even or burning cash. However, it isn’t wrong to invest in a negative cash flow residential income property, since that’s a useful strategy too.

Rate Of Occupancy

Occupancy rates in investment properties are important metrics for any real estate investor, most importantly for people making an investment in a short term rental like Airbnb rentals. Greater the occupancy rates, the lower the risks you have of being stuck with vacant properties. This is pretty much the worst thing that can happen to you as an Airbnb property owner.

We ensure your real estate investments are made accurately by providing you with predictive analytics. Simply select investment properties which match your investment requirements. We’ll provide accurate calculations for these properties.

Use Investment Property Calculators

We utilize and offer the best investment property calculator for today’s market.. Using investment property calculators for discovering residential income properties for sale no doubt is

Neighborhood Analysis

This is what real estate market analysis is based on. We can get you several details about neighborhood data like average occupancy rates from Airbnb, rental income, property price, etc. This enables you to select highly profitable locations only, ensuring high yields from rental properties.

Optimal Strategy For Rentals

Based on factors like location and occupancy rates, rental property calculators can help you find the best rental strategy based on your property features. Deciding whether to go for traditional strategies or for an Airbnb strategy has gotten much easier now.

Available Properties for Sale

You don't want to miss out on this amazing investment opportunity. 5 units total, 4 - 2 bed 2 bath and 1 - 3 bed 2 bath. $1,999,999 Active

13121 Wilson Street Garden Grove, California

Beds Baths 5,016 Sq Ft

Listed by: John Balsz, DRE #01331827 from King Realty Group Inc

This 2-story multifamily asset consists of six (6) 1 Bedroom / 1 Bath apartments units with each unit having a 1-car garage. Long term tenants with significant upside in rents for the future. Renovations were done in 2017, including new roof, repiping, exterior paint, bathrooms. Community laundry has 2 newer coin-operated washer & dryer. Property conveniently located near 91 & 57 FWYs, Disneyland, Angel Stadium, Cal State Fullerton, Fullerton College, and shopping. $1,850,000 Active

704 N Anna Drive Anaheim, California

Beds Baths 3,830 Sq Ft

Listed by: Nariman Noosha, DRE #01234201 from HomeSmart, Evergreen Realty

Great location in the heart of Garden Grove City. Property is located next to Garden Grove Blvd. in between Magnolia and Beach Blvd. 12936 Lorna Property has a residential house in the front with 6 bedrooms and 3 bath permitted and 12938 is the warehouse - commercial building located at the back current use as a custom cabinet builder (usage was grandfathered in). Only one water meter for both buildings. Current tenants pay for own utilities except only water owner pay. small alley on the side access to commercial building. This location zoning is friendly for light business usage and residential such as day care, hair salon, offices, small religious center and or new build for 3 units residential. Not too favorable for manufacture with high volume traffic in and out. Please verify usage with the City of Garden Grove Planning department before presenting offer. For Drive by view only. Please do not disturb the tenants. Current residence doesn't mind continuing to stay. Inspection is subject to accepted offer. Property sold as is. Thank you for showing interest. Also listed on commercial MLS ID#OC22084878 $1,850,000 Active

12936 Lorna Street Garden Grove, California

Beds Baths 4,520 Sq Ft

Listed by: Cu Tran, DRE #01873325 from CQT Paradigm Goup Inc.

Rare 4plex Investment property within 10 mins Disneyland and Knotts Berry Farm which features (4) 2 bedroom 1 bath recently renovated units with laundry Facilities on the premises. (6) Private garages, Three long-term tenants that are on month to month leases, and one unit is vacant. Three of the unit come with private backyards. The units are separately metered. GREAT income-producing property, rents have doubled within the year. Current Rents (1) $2900 (2) $2800 (1) $2700. No rent control, Tenants are month to month. (2) garages are rented at $100 per each. $1,800,000 Active Under Contract

705 W Provential Drive Anaheim, California

Beds Baths 3,438 Sq Ft

Listed by: Jerica Jensen, DRE #02103881 from The Beverly Hills Estates

Rare, Unique, and first time on the market! You have traveled past this amazing home and always wondered " Who lives in this cute cottage " It can now be you. The lot is nearly 40K square feet and features so much space to let your creativity explore what you could develop. The main house has been tastefully preserved and features something for everyone. With a total of 5 bedrooms and 2 bathrooms you will certainly find your very own space. A brick fireplace warms the spacious living room. A massive outdoor deck is just adjacent to the kitchen and formal dining area. A true detached garage with another living unit above will be the perfect place for guest or continued rental income as its features its very own laundry, gourmet kitchen, and spacious bedroom. Should you desire to develop even further, this massive lot certainly could host a variety of additional income sources. ( check with local ordinances to validate, your dream ) This home is special and ready to be hand delivered to its new visionary owner. A large lot, historic home, and rental revenue is rare and sometimes takes 100 yrs to surface. Don't miss this opportunity twice. $1,740,000 Active

2380 N Santiago Boulevard Orange, California

Beds Baths 1,734 Sq Ft

Listed by: David Steinberg, DRE #01921010 from Compass

Rarely available fourplex in the city of Orange. Located approx. one mile from Chapman University. Also close to Old Towne, St Joseph's hospital, shopping, restaurants and freeways. Great opportunity for investor or owner looking to occupy one of the units. Two units are two story townhome style apartments with 2 bedrooms and 1.5 baths, and one unit is a one story one level apartment with 3 bedrooms and 2 baths with a fireplace. The other unit is a 3bedroom 2bath, upper-level apartment. Six total parking spaces, four garages and two additional parking spaces. $1,700,000 Active Under Contract

802 N Glassell Street Orange, California

Beds Baths 4,620 Sq Ft

Listed by: Maria Camberos, DRE #00759083 from Marloz Realty

Fully occupied and well maintained fourplex located in desirable area of Orange. Property configuration includes one 3 bedroom, 2 bath unit, two 2 bedroom, 2 bath units and one 1 bedroom, 1 bath unit. Complex includes 4 garage spaces plus an additional parking space. On sight laundry room offers additional opportunity for income. Easy access to Old Town Orange and local shops, services and amenities as well as local freeways. $1,685,000 Active Under Contract

2741 E Almond Avenue Orange, California

Beds Baths 4,202 Sq Ft

Listed by: Marc Smith, DRE #01956931 from Freedom First Properties

Great Investment!! Fourplex in Anaheim with its own parking plus each unit has a 1 car garage. All long term tenants 5 years +. All plumbing new PVC from Bldg to Street. New ABS drain lines as well. Property has fenced yard with wrought iron fence. New landscaping in front and on site laundry room for additional income. Unit A is a one story with a Fireplace and B, C & D are two story $1,650,000 Active

612 W Provential Drive Anaheim, California

Beds Baths 3,882 Sq Ft

Listed by: Livier Becerra, DRE #01317841 from KELLER WILLIAMS COVINA

The subject property is a four-unit apartment building located in Northwest Anaheim with convenient access to the 91 & 5 Freeways, Great Shopping and Restaurants, close to Disneyland, Angel Stadium, and the Honda Center. The property is comprised of four townhome-style two-bedroom/two-bathroom units. The subject property also boasts separate gas and electricity meters, dual pane windows, a pitched roof, tile flooring, and newer exterior paint. $1,625,000 Active

2166 W Brownwood Avenue Anaheim, California

Beds Baths 4,537 Sq Ft

Listed by: Ari Gharib, DRE #01981194 from LFA Multifamily Inc.

BRAND NEW CONSTRUCTION - PLUS ADU IN BACK! This gorgeous ground-up development features not one, but TWO properties and is located in the prestigious Wagner Neighborhood of Placentia. Both properties have paid-off Solar Panels worth $50k! The main house is a 2-story, 4-bed, 3-bath home with a spacious 1,976 sq ft of living space and can rent for $4,500 and the ADU is 950 sq ft and can rent for $3,500 for a combined rent roll of $8,000 per month! The entire exterior curb appeal is stunning, with lush landscaping and stamped driveway which leads to the entry, where natural light fills the entire home. The 9-foot ceilings on both floors give the house an airy and spacious feel. The downstairs features an open floor plan with a sizable living room, dining room, and kitchen. Brand new luxury vinyl planks, modern white kitchen with black fixtures, and metal staircase provides that contemporary style that is so desirable! A half bathroom and direct 2-car garage access completes the downstairs floor plan. Upstairs features 4 bedrooms including the huge master bedroom. There is a luxurious shared bathroom upstairs along with washer & dryer hookup for convenience. The master suite features a walk-in closet, huge bathroom with marble shower, dual vanities, and a private water closet. BONUS Accessory Dwelling Unit (ADU) or Guest House in the back can rent for $3,500. This 1-story ADU is 950 sq ft and offers 3-beds, 2-baths, with one of the rooms being a master suite. The cozy living and kitchen are designed similar to the front house, and also features 9-foot ceilings. This ADU is ALL separate metered for all utilities from the main house which was a very expensive upgrade! Placentia is one of the rare cities that allows LEGAL short-term rentals (AirBnb) with a city permit for the main house. Schools are top-notch, and very closeby to the neighborhood. Property has NO HOA fees. You do not want to miss out on the opportunity to own this custom new-build with 2 houses on a lot that features exquisite details throughout the houses with fine finishes! $1,598,000 Active

1963 McCormack Lane Placentia, California

Beds Baths 2,926 Sq Ft

Listed by: Daniel Poon, DRE #01897213 from eXp Realty of California Inc

Prime Olive Heights location near Eisenhower Park in Orange. Huge 3+ den/ or 4 bedroom 2nd story house with large 2 bedroom apt/mothers quarters below. Amenities include: huge balcony with city views & lights, laundry room with hookups, cathedral style ceilings, yard, side dog run, 2 separate garages. (3 car garage for upper unit, detached 2+ car garage for lower unit). Very large Lake Tahoe style building. Recent rehab to interior/exterior/landscaping.**Tenants pay all utilities** Located near the 55 and 91 freeways in Orange on the border of Anaheim Hills. Great neighborhood near Eisenhower Park. North of Lincoln Blvd. between Tustin Ave. and Olive Rd. All info per appraiser/assessor. Buyer to satisfy on any and all information provided. Will not finance. Must obtain new loan. AS-IS, WHERE-IS $1,595,000 Active

16591 E Buena Vista Avenue Orange, California

Beds Baths 2,909 Sq Ft

Listed by: John Zarvos, DRE #00558652 from Viking Real Estate and Inv.

Four-unit apartment building located in the City of Fullerton, with a strong rental market. Close to one of the popular downtown areas in Orange County, and about 25 miles southeast of downtown Los Angeles. The property's unit mix comprised of all 2 bedroom/ 1-bathroom units totaling 3,752 square feet, on a 6,392 square foot lot. The subject property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, new bathrooms, new garage doors, new water heaters and new landscaping. The subject property’s close proximity to Cal State Fullerton and Downtown Fullerton provides a large pool of potential student renters looking for convenient, quality housing. $1,550,000 Pending

225 W Knepp Avenue Fullerton, California

Beds Baths 3,752 Sq Ft

Listed by: Alex Duarte, DRE #01970077 from First Team Real Estate

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