$400,000

No HOA. 4 bed / 2 bath single-family home • Rented for $2,508/month • The rental income is supported by a government housing assistance program (as of May: the government pays 100% of the rent and payments are on time) • Potential rent on renewal up to $2,965/month based on current payment standards • Long-term tenant in place since October 2020 • Lease renews 09/30/2026 • Spacious lot of 6,000 sqft • AC 2021 • This property is uniquely qualified for a special program • Exclusive lender incentive: 1 point off the rate with my lender (e.g., if the market rate is 6%, you can get 5% with no points, plus appraisal and mortgage insurance covered for primary residents) • Current management company available for seamless transition • Please do not disturb tenant or knock on the door