Turnkey single family rental with a long term tenant in place and a clean capital improvement history. Current rent is $1,000 per month with consistent on time payment history going into 2026. At an $85,000 purchase price, this property generates a 9.18% cap rate delivering stabilized returns from day one.
This property has been actively managed and updated, making it a low maintenance addition to any portfolio.
Recent capital improvements include a brand new roof installed December 2024, lead paint remediation completed July 2025, a new concrete landing and step, HVAC servicing, plumbing and appliance repairs, and bathroom tile work. The rotted deck has been removed, eliminating a future liability. The heavy lifting is done.
An opportunity to acquire stabilized cash flow from day one with no vacancy risk, no rehab needed, and a long term occupant already in place. Ideal for the buy and hold investor looking to add a performing asset.