Secure an entry level tenant occupied investment property with straightforward, high-yield cash flow!
💰 Immediate Revenue Stream: This property is currently occupied by a long-term (21yrs!), reliable Section 8 tenant, generating a consistent $1,030 per month in rental income.
✅ Dependable Rental Payments: Experience peace of mind as the substantial portion of the rent is directly covered by the subsidized program, complemented by a reliable $159/month contribution from the tenant.
📈 Attractive Return: Priced at $99,900, this investment offers a compelling return profile.
👌 Enduring Stability: The current Section 8 tenant has been a resident since 2004 and intends to remain long-term, providing unparalleled rental stability and minimizing vacancy concerns.
Key Advantages of This Property:
💰 Strategic Acquisition: Acquire an asset with an established, enduring tenant, ensuring a consistent revenue flow from day one.
👌 Mitigated Risk: The significant contribution from the voucher program for rent payments substantially reduces typical tenant payment risks, guaranteeing a predictable and steady income.
Investment Upsides:
- Achieve low vacancy rates through a stable, long-term tenancy.
- Simplify property management with a consistent, reliable income source.
- Leverage the robust demand for affordable housing in the Baltimore market.
- Expand your portfolio with an affordable, income-generating asset.
- Own an appreciating property, building long-term wealth.