Asked by Gary, Dayton, OH • Fri Jan 11, 2008
I live in a 3 bd 1 bth 2car ranch in Huber Heights. I bought 3 years ago for 92K and owe 85K, $705/month. We are ready to move up (same general area) and are dreading the current "buyers market" (as a seller). I would love to get into rental investments but I doubt our house is a good candidate to convert to investment prop. If preliminary research shows that this type of house rents for 750 to 825 per month, how far off are the numbers to be considered a good investment decision?
I'm sure its not the best choice given that we don't have to move, we just want to. Please give any input on how to look at the numbers objectively. Local input would be much appreciated.
Real Estate in Dayton
Popular Categories in Dayton
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!