55 + communities require at least one person age 55 and over per unit and consist
of single family homes usually ranch style one level homes, ranch condos, town homes or apartments.
Not exact matches
On a conventional mortgage backed by Fannie Mae, the rate on a condo will
usually run about one - eighth to one - quarter
of a percent (0.125 - 0.250 percentage points) higher than what you'd pay on a
single family home.
Compared to an average
single -
family home, utility costs in an apartment are
usually significantly lower, as is the cost
of renter's insurance compared to homeowner's insurance.
Cash reserves are
usually not required on the purchase
of a
single family home.
When using the first article above keep in mind this is based on Energy Information Administration data for all residences and so it
usually under estimates the actual power use
of single family homes.
Usually less expensive, on $ / square foot basis, than a DSF (detached single family home), but usually a bit more expensive than a condo of a similar size in a given lo
Usually less expensive, on $ / square foot basis, than a DSF (detached
single family home), but
usually a bit more expensive than a condo of a similar size in a given lo
usually a bit more expensive than a condo
of a similar size in a given location.
Like snow removal, on a
single family home the tenants
usually take care
of this.
There is
usually a gap in the range
of housing types that a city or county's zoning districts allow, and more importantly encourage, in particular when the zones shift from upper (smaller lot)
single -
family zones that only allow
single -
family detached uses /
homes and the lower end
of medium density / multifamily zones that
usually allow much bigger buildings (taller and wider) and also typically encourage lot aggregation and suburban garden apartment - type buildings.
There are a large number
of homes for sale around Newport Elementary and they are
usually single family homes or multifamily units.
With a current average
single -
family rental rate
of $ 12,500 per year, and the selling price
of a distressed
home usually well below the median
home price
of $ 127,000, investors can expect to achieve up to a 10 % annual return (after operating expenses and before any
home price or rental appreciation).