Steve Rayburn Subdivision Homes with FHA New Financing

Steve Rayburn Subdivision Homes with FHA New Financing

Welcome to the Steve Rayburn Subdivision, an inviting community nestled in the heart of Phoenix, Arizona, within the vibrant Maricopa County. This charming neighborhood is perfect for families, first-time homebuyers, and anyone seeking the warm embrace of the Arizona sun. With its friendly atmosphere and convenient location, the Steve Rayburn Subdivision offers a unique blend of suburban tranquility and urban accessibility.

The homes in this subdivision are designed with comfort and style in mind, featuring modern layouts and finishes that cater to today’s lifestyle. Whether you’re looking for a cozy starter home or a spacious family residence, you’ll find a variety of options that suit your needs. One of the standout features of this community is the availability of FHA new financing, making homeownership more accessible for many buyers. This financing option allows prospective homeowners to secure a mortgage with lower down payments and flexible credit requirements, making it easier to turn your dream of owning a home into a reality.

Beyond the beautiful homes, residents of the Steve Rayburn Subdivision enjoy easy access to local parks, schools, shopping centers, and dining options, ensuring you have everything you need right at your fingertips. With its prime location in Phoenix, you can also take advantage of the city’s rich cultural scene and outdoor recreational activities.

Come explore the Steve Rayburn Subdivision, where community spirit meets the convenience of city living. Your new home awaits!

Newest Steve Rayburn Subdivision Homes with FHA New Financing

$711,000
5 Beds ⋅ 3 Baths ⋅ 7064669 MLS ⋅ 85007 Zip Code
Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area. All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.

830 S 15th Avenue, Phoenix
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