Courtesy of: Amanda Jolley, Heritage 1st Realty, jolleyrealtor@outlook.com
Courtesy of: Amanda Jolley, Heritage 1st Realty, jolleyrealtor@outlook.com
$160,000
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4 bed
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2.00 Bath (2 Full)
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Lot: 0.20 Acres
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Other
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$160,000
5509 S Charles St Turnkey rent-to-own (RTO) investment opportunity offering built-in long-term stability and minimal management. The property is occupied by an RTO tenant who covers all expenses, including utilities, insurance, taxes, and repairs, making this a truly hands-off investment. The home is secured with a 30-year note running from 10/1/2025 through 9/1/2055, with a monthly principal and interest payment of $1, 211. The RTO note balance is $168, 080.78, providing strong cash flow and dependable income over the life of the note. This property is ideal for investors seeking predictable returns, low maintenance, 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, providing flexibility for investors looking to scale.
Courtesy of: Amanda Jolley, Heritage 1st Realty, jolleyrealtor@outlook.com
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