The going lease rate for an average 3 bedroom, 2 bath, 1400 sqft home in Victorville in the area bounded by Hesperia Rd., Green Tea Blvd, Arrowhead/7th and Bear Valley Rd is between $1,100-$1,200/mo. This estimate is based on a review of available and recently leased property. I would be glad to share and review the data with you.

Deciding if the property is a good investment or not primarily depends on your purchase price and the type of financing you are getting. In general a used home will provide a better value than a new home in today's market. Lenders are selling foreclosed two and three year old properties at a significant discount to similar new homes.

If you have a specific property in mind or even just a general idea of what you want to buy I will be glad to go over the numbers with you

Sincerely,
Ramon Cabrera, Realtor
Cell: (714)381-8893

Sun May 18 2008, 12:14