Turnkey cash flow opportunity in the heart of Jennings! This 1-bedroom bungalow is a perfect addition to any investor's portfolio-whether you're just getting started or looking to scale-with performance that exceeds the sought-after 1% rule.This fully leased property is already producing income with subsidized rent at $900/month, secured through October 2026, providing immediate and stable cash flow from day one. The home underwent a recent rehab in September 2025, featuring fresh interior paint, durable LVP flooring throughout, a new bathtub, three new A/C units, and various foundational updates-making this a truly turnkey, low-maintenance investment.The partially finished basement adds further upside, complete with a half bath and walk-out access. With minimal effort, this space could be converted into an additional bedroom, increasing both rental value and long-term equity.Opportunities like this-stabilized, updated, and income-producing-don't last long in the St. Louis rental market. Add this cash-flowing asset to your portfolio today!
Listed By
Agency Name: ARS Sales, LLC
Shown By
Agent Name: Holly Even
Agent Phone: (314) 616-9431
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 538.68 per month $435.85 Principal & Interest $79.50 Property Tax $23.33 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
8328 Strathmore Place | MLS# 26021405
This single family home located at 8328 Strathmore Place, Jennings, MO 63136 is currently listed for sale with an asking price of $79,999. This property was built in 1925 and has 1 bedrooms and 1 full and 1 partial baths with 750 sq. ft. Strathmore Place is located in the Mayfair Park subdivision within the Jennings school district. Search Mayfair Park real estate on www.discoversaintlouishomes.com today.