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Under contract-accepting backup offers. Searching for the perfect investment opportunity? This duplex might be just what you’ve been looking for! Each unit features 2 bedrooms and 1 bathroom, providing an ideal setup for reliable rental income. Whether you’re expanding your real estate portfolio or taking your first step toward long-term investing, this property offers excellent potential for steady returns. Nestled in a peaceful residential neighborhood of Arcadia, Florida, the area combines small-town charm with convenient access to schools, parks, shopping, and dining—making it highly desirable for tenants. Another major plus is that the property is located in a NO FLOOD ZONE, which means lower insurance costs and added peace of mind. With two convenient units offering separate income streams, you can minimize vacancy risk while maximizing your investment potential. Surrounded by a community showing steady growth and increasing demand, this duplex is a smart addition to any portfolio and a great opportunity to build lasting wealth through real estate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$260,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $208,000 | $208,000 | $208,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $236 | $236 | $236 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,181 | $1,246 | $1,658 |
| Total Monthly Payment | $1,492 | $1,557 | $1,969 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.