Newport Beach Homes With Rental Income Above $6,000 A Month

Buying Investment properties that have good cash return is the ultimate goal for a savvy real estate investor.  Newport Beach has many opportunities for investors looking for a good cash return as many homes rent well above $6,000 a month.  This may seem like a very high number for investors who are not familiar with the Southern California market but for Newport Beach this is an average number for a four to five bedroom home in a nice location.  If you are in the market to buy a home as an investment property it makes sense to work with an agent who understands the income property real estate market.  If you are looking for a single family home then you may be interested in a Newport Heights home that just came on the market that is currently tenant occupied and receives rent of $6,500 a month.  The rental market is very tight right now with the inventory of homes at a record low number.  This is due in part with the number of buyers and recent short sale and foreclosure seller's deciding to rent until the market bounces back.  The bottom line is that now is the time to get top market rent for your rental property.  For more information on these income producing properties please contact us today at 949-444-1901.