Why Duplexes Are A Good Investment Idea In Killeen?
Duplexes are a great investment option for investors in Killeen as they offer unique benefits. They are affordable, offer returns when rented out, and more. Duplexes are available with modern interior features, energy saving features, great exteriors, standard kitchen features and are open to upgrades.
If you are thinking of investing in a duplex in Killeen, here is a list of some advantages of doing so:
- Offer Constant Cash Flow: Investing in a duplex opens the doors to regular cash flow that can be earned by renting out both or one of the units. It is a beneficial deal for those interested in earning income from the investment to cover recurring costs such as property insurance, utility bills, property taxes and monthly loan payments. They are easier to lease as most renters prefer them for their similarity to single homes in terms of space and privacy.
- Modern Features And Amenities: Investing in a duplex offers the benefit of buying a house that is well-stocked with the latest amenities and features. These include privacy fences, hose bibs, covered front porches, custom built kitchen and bathroom cabinets, master bedroom closets, re-keyable exterior deadbolts, refrigerator, HVAC system, taped windows and more.
- High Occupancy Rate: Due to the high demand for duplexes by tenants in Killeen, they enjoy a high occupancy rate. Factors such as affordability, privacy, availability of the latest features and amenities, etc. keep them occupied for longer durations which translate into regular flow of income.
- Easier To Sell: Duplexes are easy to sell as compared to other property investments as they enjoy a high demand and have lower transaction costs. So if you are interested in an investment that will offer you passive income while you own it and also has high liquidity, a duplex is a great option.