Did you know that you can use your account on all of your devices? Sign in on a tablet or smartphone for the same great home search tools you use on your desktop!
Don't have an account?Estimated Monthly Payment: $668.71
Edit mortgage details for a more accurate payment5 HOME PACKAGE: Cash-Flowing Rental Portfolio with Long-Term Stability10301 Renfrew Dr., Saint Louis MO 63137363 Shepley Dr., Saint Louis, MO 63137135 Montieth Circle, Saint Louis, MO 63137270 Habecking Dr., Saint Louis, MO 63137213 Dundee Circle, Saint Louis, MO 63137This well-performing rental portfolio generates $5,205 in combined monthly rents, delivering immediate cash flow with proven tenant stability. The average tenant tenure of 8.2 years speaks volumesâ??these are well-maintained homes where residents stay long term.Ownership has been diligent and proactive. Anything that has broken has been repaired, and the properties have been consistently cared for. All air handlers, electrical panels, and water heaters are in good serviceable condition, and roofs are solid, with the only prior issue fully resolved by a roof replacement in 2021.While already performing, there is clear upside potential. Average market rents in the area are approximately $1,300 per month, providing an opportunity to drive future income.Several homes feature hardwood floors, while others have been upgraded with ceramic tile kitchens. All properties include black appliances throughout, contributing to a clean, consistent, and attractive presentation.From an equity standpoint, renovated comparable homes in the area sell for approximately $110,000â??$120,000 each, offering strong value support and exit potential.This is a turn-key investment opportunity combining cash flow, long-term tenant stability, and room for growthâ??ideal for investors seeking both income and appreciation.
Listed By
Agency Name: Worth Clark Realty
Shown By
Agent Name: Steve Bersche
Agent Phone: (314) 882-5049
Agency Title: RedKey Realty Leaders
Sold By
Agency Name: The Estey Real Estate Group
Agency Phone: 314-607-8950
Agent Name: Brian Estey