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613 East Ruby Drive

Casa Grande AZ 85122

4
2
2
Other
Currently for sale - view listing

Overview

Welcome to your next investment opportunity! This licensed Sober Living property is a fantastic chance for passive income, with a current cap rate of 7.2% based on actuals. Located in a desirable area, this property is licensed for up to 5 residents and has been recently updated with modern finishes. The owner pays the HOA fees, property taxes, and home insurance, making this a worry-free investment. With a 5-year lease already in place starting on 2/1/2023, you can start earning rental income immediately.Whether you're an experienced investor or new to the game, this Sober Living property is a smart choice.

Features

4 bedrooms
2 bathrooms
2 carspaces
Other

Property history for 613 East Ruby Drive

2024
Rented
Undisclosed
17 Jul 2024 by Peace Properties, LLC
2024
Rented
Undisclosed
15 Mar 2024 by Peace Properties, LLC

Happy sellers in Casa Grande

74%
74% of sellers in Casa Grande reported that their sale price either exceeded or met their price expectations.

Casa Grande stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Casa Grande over the last 12 months.

Local market activity for 4 bedroom other properties in Casa Grande

In the last 12 months, 2 four-bedroom other properties similar to 613 East Ruby Drive, have been sold.

This represents a 60% increase in four-bedroom other properties sales when compared to the previous 12 months.

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