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$79,000
3 Beds ⋅ 1 Baths ⋅ 26042837 MLS ⋅ ACTIVE Status
Investor Opportunity! Add this income-producing asset to your rental portfolio with this affordable 3-bedroom, 1-bath investment property offering strong rental potential and long-term wealth-building possibilities. This tenant-ready home provides investors with an opportunity to acquire a well-maintained property in an established neighborhood with proven rental demand and attractive cash flow potential. Comparable 3-bedroom rental homes in the area are commanding approximately **$1,100-$1,400 per month**, creating the potential for solid monthly income, favorable returns, and long-term appreciation. Whether your strategy is buy-and-hold, BRRRR, expanding your rental portfolio, or adding a reliable passive income stream, this property offers an excellent opportunity to increase your real estate holdings with an affordable acquisition. Featuring approximately 854 square feet of efficient living space, this home offers a tenant-friendly layout designed for functionality and everyday living. The floor plan includes three bedrooms, one full bathroom, and a comfortable combination living and dining area. Full basement available for storage or recreation area. Neutral colors throughout, ceramic, vinyl tile and wood floors provide durable finishes that appeal to renters and help support lower maintenance costs over time. The kitchen includes a electric stove and range hood, providing the essential appliances needed for tenant occupancy. The home's practical design, manageable square footage, and desirable three-bedroom configuration make it an attractive rental option for a variety of tenants. Additional value comes from the one car attached garage, offering valuable storage space, parking, or a potential hobby/work area. The concrete driveway provides off-street parking for approximately one to two vehicles, an added feature that enhances tenant appeal and rental competitiveness. Investors looking for a dependable addition to their portfolio will appreciate the combination of affordability, rental demand, and income potential this property provides. With a tenant-focused layout, low-maintenance flooring, and features renters are seeking, this home offers the opportunity to generate rental income while building equity through real estate ownership. Explore the possibilities this property offers as part of your investment strategy. Whether you're an experienced landlord, first-time investor, or looking to diversify your real estate assets, this property provides an opportunity to acquire a performing rental asset in today's competitive investment market. Property is being sold **AS-IS**. Seller will not perform any inspections or make repairs. Buyer is responsible for conducting any desired due diligence and verifying all information, including condition, measurements, schools, taxes, zoning, rental requirements, and any other information important to the buyer.

207 Midlothian Rd, St Louis
$105,000
3 Beds ⋅ 1 Baths ⋅ 26041432 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.

Unincorporated