Description
Turnkey investment opportunity with immediate cash flow! NEW ROOF COMPLETED AUGUST 2026. This tenant occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one of $1,100/month. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter. Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.
-
3BEDS
-
0.18ACRES
-
1BATHS
-
01/2 BATHS
-
1,060SQFT
-
$82$/SQFT
Listing information © 2026 YES-MLS.
Description
Turnkey investment opportunity with immediate cash flow! NEW ROOF COMPLETED AUGUST 2026. This tenant occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one of $1,100/month. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter. Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.
Listing information © 2026 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | REMAX CROSSROADS are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-09-12T00:08:16.427.