Attention investors! 9% Cap Rate & incredibly low maintenance rental portfolio. This is a chance to grow your existing rental portfolio or get your feet wet in real estate investments. This portfolio includes 3 recently updated single-family homes located on the same street for easy maintenance (419 Clay Street, 425 Clay Street, and 432 Clay Street).

Built in 1999, 419 Clay Street is a recently updated 3 bedroom / 1 bath bringing in nearly $1,000 a month, it features new flooring, fresh paint, new light fixtures, newer roof, vinyl siding and windows, and newer HVAC (2016).

Built in 1997, 425 Clay Street is a recently updated 3 bedroom / 1 bath bringing in $1,000 a month (market rate is $1,050-$1,100), it features new flooring, fresh paint, new light fixtures, new roof (2019), vinyl siding and windows, and newer HVAC (2016).

Built in 1955, 432 Clay Street is an updated 3 bedroom / 2 bath bringing in $950 a month (market rent is $1,150), it features new flooring, fresh paint, new light fixtures, vinyl siding and windows, and brand new HVAC (July 2020).

This portfolio offers a turnkey investment with great tenants in place who pay all utilities. Homes will come with all appliances in place. With a standard rent increase, all homes will bring in over $1,000 (reference smaller/dated neighboring homes bringing in $1,100).

*These homes are sold as a package with 419 Clay Street, 425 Clay Street, and 432 Clay Street for $359,000. Gross Rental Income is $34,800. Tenants are all willing to sign new leases for the new owner.