An affordable occupied rental with predictable demand and a practical layout for long-term tenancy.

This 3-bedroom, 1.5-bath property offers approximately 1,288 square feet and was built in 1965. The projected monthly rent is $1,375, with estimated monthly operating expenses of $420, producing projected net monthly income of $955. Based on the asking price of $124,900, the projected cap rate is 9.2%.

The property is currently tenant occupied, allowing income to begin immediately after closing. Professional property management is included or already arranged for a smoother transition.

The projected ROI of 11.2% 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.