8520 Jenny Dr, Saint Louis, MO 63121

At an estimated 10%+ cap rate, this 13-home rental portfolio is positioned to deliver strong, reliable cash flow from day one. Eleven homes are already rented, and the two vacant properties provide additional value-add opportunity through repairs and updates. The tenant mix includes seven Section 8 leases, four market-rate leases, and two vacancies. Average monthly rents are $1,123, and eight tenants pay their own sewer bills, lowering owner expenses by roughly $520 per month ($6,230 per year). The portfolio includes seven 2-bedroom homes and six 3-bedroom homes. Two-bedroom properties typically experience lower wear and tear, contributing to reduced long-term maintenance costs. The package is priced below market value to reflect deferred maintenance, including older systems and roofs. Seller is not offering any seller financing. Complete details—including property list, rents, expenses, and virtual tours—are available in the brochure in the documents section.