6605 S 18th Dr., Phoenix, AZ 85041

Turn-key Investor Special! Tenant occupied home. This 3 bedroom home has new paint, new carpet and brand new A/C unit with a tenant paying $850/month. Tenant has strong rental history and stable employment and put down a full $850 deposit. Lease through September 2012. Located in south Phoenix in the Vineyard Park subdivision, a nice community of newer homes w/ a great location to schools and shopping, Ignacio Conchos Elementary School backs right up to the house, and the house is just steps away from the neighborhood park! This will make a nice buy and hold investment. This investment provides an approximate net annual operating income of $6,932 with a CAP rate of 8.15%.