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ATTENTION ALL INVESTORS! Looking for an affordable investment under $150,000 with an estimated 12% annual ROI? Look no further, I present to you the opportunity to own this beautiful manufactured home where YOU OWN THE LAND, with one of the lowest low HOA fees of $224 monthly, updated back in 2024 and now currently leased for $1900 Monthly to a Tenant. The home features 2 bedrooms and 2 bathrooms, providing a comfortable living space. The real highlight of this property is the central location with easy access to the I-10 freeway and nearby restaurants and stores like Walmart, Home Depot, Costco, and Sam's Club. Plus, you can reach anywhere in the Coachella Valley in less than 20 minutes. And there's more good news - this home is in the IID territory, which means lower electric bills. As an Owner or Resident in Tri-Palms Estates, you'll also have the perk of free golfing, and you can take full advantage of the community amenities: two outdoor pools and spas, tournament quality shuffleboard courts, two lighted tennis courts, and a clubhouse featuring dining, banquet, and recreation lounge. You do not have to be 55+ to own this rental, younger investors are allowed to own here. Come write an offer before some fortunate buyer picks this investment.
Property Type(s):
Residential Income
| Last Updated | 4/3/2025 | Tract | Tri Palm Estates |
|---|---|---|---|
| Year Built | 1969 | Community | Thousand Palms |
| County | Riverside |
Additional Details
| ADULT COMMUNITY | Yes |
|---|---|
| AIR | Central Air |
| AIR CONDITIONING | Yes |
| AREA | Thousand Palms |
| GARAGE | Attached Carport |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 4356 sq ft |
| PARKING | Attached Carport |
| POOL | Yes |
| POOL DESCRIPTION | In Ground |
| STORIES | 1 |
| SUBDIVISION | Tri Palm Estates |
Location
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Listed with HomeSmart
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