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: Carole & Brian Fitzgerald
Agent Phone: (314) 941-7014
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 567.38 per month $463.09 Principal & Interest $79.50 Property Tax $24.79 Homeowner's Insurance
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 $85,000. 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.fitzgeraldrealtyteam.com today.