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Rental income property in Roseville

The Home

This 3 bedroom 2 bathroom single story home has a large living room with dark laminate wood flooring welcoming you into the home. The kitchen features tile flooring and opens into an additional island area providing plenty of counter space and above head cabinetry. The kitchen opens into the living space and is connected to the dining area. It's truly an entertainers floor plan. The spacious backyard offers a grassy area, a retaining wall and landscaped trees as well as a massive storage shed. The storage/tool shed is approximately 150sf and is can be used for to hold seasonal decorations, toys, yard and garden tools, or lawn equipment. The home also includes a large concrete pad on the side of the house and a swinging gate for Boat and RV access.

The Deal

This home is a perfect single family residence for tenants or homeowners. It is currently occupied by tenants paying $1695 per month in rent in a market that could support $1800/mo. It's a great opportunity for investors that are looking to expand their rental portfolio with an income producing, turn key home requiring very little maintenance. 

Offered for sale at: $349,000

Read below for more information on the neighborhood. Or click the link below for photos, details of the property, and a map of the home. 


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The Neighborhood

The Crestfield neighborhood is located in an area that allows for easy access to the highway. Along with being a perfect location for commuters, it also has an active neighborhood association (organized by RCONA and does not require ANY monthly dues). Check out information on the neighborhood association on their website or Facebook Page. This is a volunteer based organization so website and Facebook may not be up to date. 

The following are some quick stats regarding neighborhood demographics provided by third party sources:

People

Income

Education Level

Population: 42,835
Avg. Household Income: $74,746
Less than HS: 1,076
People/Sq Mi: 3,944


Some High School: 1,424
Male/Female: 51% : 49%
Per Capita Income: $28,866
High School: 6,434
Median Age: 33.07


Some College: 8,038
Age 0-18: 26%
18-64: 60%
65+: 14%
Blue Collar/White Collar: 34% : 66%
Associate: 2,568
Single/Married: 38% : 47%

Bachelor's: 5,663
Median Commute: 20.84 mins
Working Same County: 56%

Graduate: 2,395

(Data provided from a private source and has not been verified as accurate. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.)

The Resale Market is Strong in Roseville (especially this neighborhood)

A home of similar square footage sold for $364,000 in January of 2017.  You can view some of the prices for similar homes in the neighborhood below:

Address
Status Date
Square Feet
Price
609 Lyndhurst Ave

8/22/16

1522

$375,000

203 Baldwin Avenue

9/14/16

1760

$349,800

1208 Glenbrook Avenue

9/9/16

1318

$315,000

504 Lyndhurst Avenue

11/21/16

1618

$368,850

103 Duncan Way 

12/28/16

1613

$375,000

641 Lyndhurst Avenue

9/21/16

1478

$357,000

603 Lyndhurst Avenue 

10/23/16

1933

$369,000

210 Canterbury Avenue 

1/20/17

1564

$364,950

1212 Crescendo Drive, Roseville, California 95678 | The Jeff and Geoff Team

This 3 bedroom 2 bathroom single story home has a large living room with dark laminate woo...

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