From the "seeing is believing" angle, here is a property that is a sure-fire rental, four minutes and 57 seconds off of post.
How do I know it is four minutes and 57 seconds off of post?
Watch the video. Real-time on Fountain, a city that has doubled in size in the last 10 years.
Estimated Rentals: $1175 to $1300 / month
PI on a 15 year at 5.05%: $1299
- Built in 2001
- Fully Landscaped
- Central Air Conditioning
- Laminate Wood Flooring in Kitchen
- New Appliances
- Giant, freshly stained redwood deck
- Five-Piece Master Bath (Tub, Toilet, Shower, Two Sinks)
- Finished Basement
- All three baths are Full
Number of Competing MLS 4 bedroom rentals: 10 ($1100 to $1395 / per month)
Number for Sale: 289
Housing never goes out of style. What changes is who can buy... and who can't. Supply and Demand rule all markets. Interest rates are low and by the standards of supply and demand, so too is the monthly rental value.