A durable brick rental with an established tenant and a lower entry price suited to cash-flow-focused investors.

This 3-bedroom, 2-bath property offers approximately 1,376 square feet and was built in 1968. The projected monthly rent is $1,495, with estimated monthly operating expenses of $445, producing projected net monthly income of $1,050. Based on the asking price of $139,500, the projected cap rate is 9.0%.

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 11.0% 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.