Large-scale waterfront investment property with strong rental
history and expansion opportunity! Situated on nearly 1 acre and
offered fully furnished, this 7-bedroom, 5-bath property delivers
proven short-term rental performance of up to $80,000/year. The
home offers two living areas, multiple sleeping configurations, a
game room, a safe room, and amenities designed to accommodate
really large groups. Outdoor amenities include a relaxing hot tub,
gazebo, and stunning multi-level deck with panoramic lake views
that enhance the guest experience. Dock-approved shoreline allows
for application for a private dock permit, adding rental appeal and
long-term value. In addition to the main residence, the property
includes a second build-ready waterfront lot with utilities in
place, ideal for adding another home, increasing rental capacity,
or setting up for additional RV parking. The home site also
includes four additional storage buildings plus a gazebo stage,
ideal for hosting gatherings and events. No HOA provides maximum
flexibility for short-term rental use or expansion, which is
increasingly hard to find within waterfront lake communities.
Recent upgrades include a new aerobic septic system and tankless
water heater to support a houseful of guests. Convenient highway
access, 3 minutes to Oak Ridge boat ramp, and easy access to town.
This setting captures expansive lake views that compete with higher
priced areas nearby. Step into this high-capacity, income-producing
Lake Eufaula rental with immediate cash flow. Rental data
available.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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