A compact renovated bungalow designed for investors seeking a low acquisition cost and strong income-to-price ratio.

This 3-bedroom, 1-bath property offers approximately 1,180 square feet and was built in 1948. The projected monthly rent is $1,250, with estimated monthly operating expenses of $390, producing projected net monthly income of $860. Based on the asking price of $109,900, the projected cap rate is 9.4%.

The property is currently vacant or being prepared for tenant placement, giving the next owner flexibility on lease terms and screening. Professional property management is included or already arranged for a smoother transition.

The projected ROI of 11.4% combines the income profile with a conservative market appreciation assumption. Figures are estimates intended for listing presentation and should be independently verified during due diligence.