Income-Producing Condo – Strong Cash Flow in District Heights
Tenant-occupied 1-bedroom condo currently generating $1,725/month (month-to-month lease), offering immediate income for investors.
Priced at $109,000, this property provides strong rental performance and long-term hold potential.
Estimated market value is approximately $125,000, with opportunity for light cosmetic improvements (paint, flooring, minor updates) to enhance overall value and tenant appeal.
Investment Highlights:
Current rent: $1,725/month
Strong rent-to-price ratio
Projected 7–8% cap rate based on typical operating expenses
Potential 18–20% cash-on-cash return depending on financing structure
Functional and income-producing as-is, making this ideal for buy-and-hold investors seeking stable monthly cash flow.
Conveniently located near major commuter routes, shopping, and public transportation.
Call us today to place your offer and add this asset to your portfolio.