INVESTMENT OPPORTUNITY WITH A 9% ROI

  • $675,000
Lower Valley, Cayman Islands
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • No
  • Garage
  • 2800
  • Sq Ft
  • 1998
  • Year Built

CIREBA MLS LDX feed courtesy of SHORELINE PROPERTIES CAYMAN ISLANDS

Description

Seize this exceptional investment opportunity with incredible potential for further expansion. This property is already generating substantial income, with reliable tenants in place and a remarkable 9.6% ROI! The main house features 7 bedrooms and 3 bathrooms, plus a separate 1-bedroom apartment, maximizing your rental revenue. Each bedroom currently rents for CI$700 per month, with tenants covering their own utilities, while the owner only pays for internet. The apartment commands a higher rent, bringing the total monthly income to CI$6,000.

The spacious main house includes a large living room and dining area, perfect for communal living. The well-equipped kitchen features double stoves, refrigerators, and abundant cabinetry, making it ideal for multiple tenants. A separate laundry room in the backyard adds convenience for residents.

The property’s expansive green space creates a peaceful retreat with ample room for future enhancements. With recent roof replacements and meticulous maintenance, this property is move-in ready and poised for continued profitability.

This rare investment opportunity won’t stay on the market long. Schedule your appointment today to secure a property that promises immediate returns and long-term growth.

Details

Updated on January 15, 2025 at 6:46 am
  • MLS#: 418159
  • Price: $675,000
  • Property Size: 2800 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage: No
  • Year Built: 1998
  • Property Type: Residential
  • Property Status: Back On The Market

Additional details

  • Views: Garden View
  • Lot Size: 0.2800
  • Pool: No
  • Den: No
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: Medium Density Residential
  • Block: 38B
  • Parcel: 317
  • Address Old Yard Lane
  • City Lower Valley
  • Area 50
  • Country Cayman Islands

Mortgage Estimate

Your estimated monthly mortgage payment:
Monthly
  • Principal & Interest

Additional fees such as C.I Government Stamp Duty, bank commitment fees, and other minor closing fees could be added onto final purchase price.

Talk to one of our experience Corcoran agents who will guide you through your purchasing journey.

Video

INVESTMENT OPPORTUNITY WITH A 9% ROI

  • $675,000
Lower Valley, Cayman Islands
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • No
  • Garage
  • 2800
  • Sq Ft
  • 1998
  • Year Built

CIREBA MLS LDX feed courtesy of SHORELINE PROPERTIES CAYMAN ISLANDS

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