$1,450/Month Section 8 Rental Exceeds 1% Rule Fully Renovated 2025 Turnkey investment with immediate, reliable cash flow. Leased at $1,450/month with rent paid 100% through Section 8 (HAP). Tenant pays all utilities. At the $135,000 list price, this property exceeds the 1% rule at… Read More approximately 1.07% and is priced below a recent $140,000 appraisal, offering a compelling cash-flow opportunity with built-in value. Fully renovated in 2025, including new roof, full electrical rewire, updated plumbing, new HVAC components, many new windows, and complete interior finishes. The home offers 4 bedrooms plus a bonus room and dedicated laundry space, appealing to long-term tenants. Additional features include a detached garage, fenced backyard, washer/dryer hookups, and property taxes under $150/year. Strong income, government-backed rent, and major updates-this is a true turnkey rental. Read Less
Courtesy of Inspired Realty.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
1
Square Ft.
3,064
Lot Size
0.16 Acres
Year Built
1890
MLS Number
22089749
Additional Details
Appliances & Equipment
Description: "Gas Water Heater", "Gas Oven", "Refrigerator"
Building
Area: 2492, Architecture: "Farmhouse", Building Area: 3064, Construction Materials: "Wood Siding", Levels: "Two", Year Built: 1890
Cooling
Details: "Window Unit(s)"
Fence
Description: "Chain Link"
Garage
Garage Spaces: 2
Heating
Heating: "Forced Air"
Lot
Acres: 0.16, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected"
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