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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

8 Unit multifamily investment property in the city of Garden Grove with significant upside potential in rental income. All units have recent rent increases to $1,300 per month with a potential additional increase to $1,400 per month. Over $80,000 in Net Operating Income ensures a profitable investment with great upside potential. $1,775,000 Active

10861 Palma Vista Avenue Garden Grove, California

Beds 0 Baths 5,024 Sq Ft

All income and expense are REAL and complete numbers, not proforma. Income Property, 4-plex Investment Opportunity. Very stable income. Literally no vacancy. Huge Corner Lot. All 4 units have view of Santiago High School! Building is 4,492 sqft. One unit (#1) is the “managers unit”, it is 1 story, 2 BR, 2 BA. It has one Master Bedroom, a Fireplace and A/C. Three units (#2, #3, #4 ) are townhouse style 2 story with 2 BR and 1.5 BA, both BR’s and one full bath room upstairs. The half bath is downstairs. All 4 units have a private patio and 2 private parking of which 1 is a detached private garage and 1 is a private parking space. New Roof in 2013. Property was upgraded in 2018/19 with new energy efficient windows, A/C’s, counter tops, appliances, LED lights and new garage doors. Income producing private laundry room. All Tenants pay Renters Insurance. Property Tax is 1.00%, incl. addtl. assessments 1.2045% total. Sold AS-IS. Seller's choice of all services. Information deemed reliable but not guaranteed. Any statements regarding the property, the property size, property location, lot size, building size, room size, dimensions and square footage are approximative only and have not been verified by Seller or Broker. Buyer is advised to perform its own investigation and due diligence as to the condition and suitability. Easy access to 22 Fwy 5 Fwy and 57 Fwy. Very close to Disneyland. Do not talk to and disturb Tenants. Units #1 and #4 share in utilities. $1,700,000 Active

12291 Trask Avenue Garden Grove, California

Beds 0 Baths 4,492 Sq Ft

The Teri Place Apartments, walking distance to Cal State Fullerton, provides a large pool of potential student renters looking for convenient, quality housing. This offering represents a rare opportunity for an investor to acquire a 5.50% Cap Rate /10.10% total return for a stable, renovated, “A” location investment property in the solid rental market of Fullerton, California.The city of Fullerton is a dynamic city in Orange County with a vibrant downtown located in Orange County, approximately 25 miles southeast of downtown Los Angeles. The property offers an attractive unit mix consisting of (2) three bedroom/ one & one-half bathroom Townhouse style units and (2) two bedroom/ one-bathroom units totaling 4,527 square feet, situated on a 6,966 square foot lot. The subject property has recently 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, and new bathrooms. Common area amenities include a shared patio/deck, enclosed garages, and on-site laundry room. $1,535,000 Active

2117 Teri Place Fullerton, California

Beds 0 Baths 4,527 Sq Ft

Great investment opportunity with this lovely Fullerton 4-Plex. Located in the Troy High School District, around the block from Cal State Fullerton and within 1 mile of the 57 Freeway, this income producing property won't last. The attached garages provide ample parking for each unit with 2 double garages, 2 single garages and 1 space in front of each garage door, all with Garage Door Openers. The building hosts one 3 bedroom/2 bath, two 2 bedroom/1.5 bath two story units and one 2 bedroom/1 bath apartment with a large front balcony sitting over the garages. Each unit has its own private patio area and share an onsite laundry room, which generates additional income. $1,465,000 Active Under Contract

2631 Andover Avenue Fullerton, California

Beds 0 Baths 4,302 Sq Ft

(BACK ON THE MARKET. Buyer couldn't perform and had to cancel) Brand new completely remolded pride of ownership 4-plex in Anaheim right behind the Anaheim Packing House. This property has approx. 3,681 Sq Ft of living space and is located on a large lot 6,534 Sq Ft with abundant off-street parking. 4 total garage spaces as each unit has a one car garage with brand new doors and remote access. Significant recent improvements to the property have created beautiful curb appeal. Entire property has been painted, with wood replacement, all units have been upgraded to dual pain windows, new kitchens with granite counter tops. Upstairs decking and railing replaced. There are three 2 bedroom 1 bath downstairs all have small yards in back. Upstairs 3 bedroom 1 bath with front extra large balcony. Onsite Laundry room is shared and coin operated by wash. The yearly gross scheduled income is excellent at $105,600 and still room to raise rent. Tenants pay for all utilities except water (Anaheim bills trash directly to tenants). This property has it all. So hard to find a fully rehabbed building with a going in cap rate of 5+%. Great for Owner Occupant!!! $1,450,000 Active

411 S Kroeger Street Anaheim, California

Beds 0 Baths 3,681 Sq Ft

4 Unit Apartment building, located on a Cul-de-Sac street. Units are conveniently located near schools, shopping centers, down the street from Disneyland, minutes from Knotts Berry Farm, Anaheim convention center, centrally located near 5 Fwy and 57 Fwy. The unit mix includes Four (2) Bedrooms, (2) Baths each with new bathrooms, updated kitchens and five (5) single car garages. Parking is up to 9 parking spaces (5 garage and 4 designated reserved spots). Laundry room with two leased coin op washer /dryers. Four individual meters Gas and Electric. Owner pays Water, Sewer, Trash, and laundry room gas and electric. Current Rents are below Market, 100% occupied, Long Term Tenants, Pro Forma rents income with upside potential. This property presents a great source for rental income in this high-demand area. Representations of the property size and performance are believed to be accurate, buyer to perform their own investigation and analysis to their satisfaction. Property sold in As Is Condition. DO NOT CONTACT OCCUPANTS, Drive by Only. Buyer to cooperate with Seller in a 1031 Exchange. $1,433,900 Active

2047 S Sprague Lane Anaheim, California

Beds 0 Baths 3,844 Sq Ft

Great Investment Opportunity in Buena Park. Fully leased 4 Units. Each unit has own laundry inside the house and is 2 bedroom 1 bathroom with own garage. This area has the highest rental occupancy rates by Knotts Berry Farm, Buena Park Mall, Close to 5 and 91 Freeways, Restaurants and shopping centers. No rent control. Very well maintained $1,400,000 Active

7721 Jackson Way Buena Park, California

Beds 0 Baths 3,600 Sq Ft

This Four-Unit Residential Income Property features a total Four units and has been well maintained. Includes, Five garage spaces, Four water and gas meters. Additionally, Unit A has Three Bedrooms, Two Bathrooms, One Garage. Unit B & C has Two Bedrooms, One Bathrooms, One Garage and Unit D has Two Bedrooms, One Bathroom, One Garage. This property is conveniently located downtown Fullerton, Fullerton Community College, Cal State Fullerton and Freeways. It is walking distance to the park. All units have storages and a separate laundry room. $1,400,000 Active

342 Monterey Way Placentia, California

Beds 0 Baths 4,303 Sq Ft

Centrally Located in Orange County in the City of Tustin. Access to 5-Santa Ana and 55-Costa Mesa Freeways. Close Proximity to employment and entertainment/shopping. $1,399,000 Active Under Contract

14541 Carfax Drive Tustin, California

Beds 0 Baths 4,699 Sq Ft

New appliances,carpet,paint,tile,baths in ALL units. Make this an investors or new owner occupier's dream. $ 1,975 monthly rent arranged for new tenant of a 2 bd 2ba unit. Gross scheduled income $91,000. 5 enclosed garage parking spaces plus has additional spaces along side. With all the brand new renovation inside and outside this enables market rents+ to be collected; also laundromat for tenants usage. Great rental area for workers at Knotts Berry Farm,Disneyland,Long Beach to the West and Huntington Beach to the South. N of 22 &405 freeways.South of 91/& 5 fwy. ALL Air Conditioners new. New garage doors, New hot water heater past year, Brick Wall patios & concrete new,All new appliances from Howards,Floors,Toilets,Cabinets,lights,doors,Shower&Closet doors new,Building new paint,Inside units texture&paint new. faucets,sinks,mirrors all new. Deck unit#4 new waterproof&painted. All new renovation allows rent increases and pricing. Peace of mind for investors not having to face replace/repair from beginning;also direct billing of Tenants for trash by City of Anaheim & other utilities lowers expenses to seller/buyer. Thank you for not disturbing tenants. $1,388,000 Active

3538 W Mungall Drive Anaheim, California

Beds 0 Baths 3,709 Sq Ft

5.4% CAP!!! Great Income Opportunity, 4 units, totally remodeled , new floors, new painting, new kitchen cabinets, etc....Don't miss it please bring your Buyer.... $1,350,000 Active

1026 N Shattuck Place Orange, California

Beds 0 Baths 3,552 Sq Ft

Desirable 4-plex located approximately 1 mile from Cal State Fullerton. High rental demand area. Long term tenants. All units are 2 large bedrooms 2 bathrooms. 6 car garages with all new doors. 4 separate gas and electric meters. Tenants pay all their own utilities. Laundry room next to the garage (currently not in use). Lots of recent work done to the property. Exterior paint for the whole building and staircase. New wood fence for both downstair units. Units 3 has been remodeled with new flooring, new shower, new bath tub and new paint. New kitchen, new counter tops for 3 units (except one unit downstairs since they have been living in there for more then 40 years). All units has been leased at a rate of $1400, $1600, $1700, $1700/mo. Walking distance to Lopez Elementary School. Close to freeway. Seller will need 1031 exchange at no cost to buyer. $1,350,000 Active

3142 Pearl Drive Fullerton, California

Beds 0 Baths 3,820 Sq Ft

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