Courtesy of: Amanda Jolley, Heritage 1st Realty, jolleyrealtor@outlook.com
Courtesy of: Amanda Jolley, Heritage 1st Realty, jolleyrealtor@outlook.com
$100,000
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.21 Acres
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Single Family Residence
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$100,000
4920 E Elm St Excellent rent-to-own (RTO) investment opportunity in a strong east Wichita location. This property is occupied by an RTO tenant who is responsible for all expenses, including utilities, insurance, taxes, and repairs, offering a truly low-maintenance, hands-off investment. The home is secured with a 30-year note running from 5/1/2025 through 4/1/2055, featuring a monthly principal and interest payment of $845.80. The RTO note balance is $109, 382.98, providing long-term stability and predictable cash flow. This property is ideal for investors seeking consistent income, minimal management, and tenant-paid ownership costs. The seller will consider owner financing. This property may be purchased individually or as part of a 15-door investment portfolio, offered at a total purchase price of $1.3 million and generating approximately $13, 562 per month in gross rental income. Portfolio terms and structure are negotiable, offering flexibility for investors looking to scale.
Courtesy of: Amanda Jolley, Heritage 1st Realty, jolleyrealtor@outlook.com
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