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30 N Gould St Ste R, Sheridan, WY 82801 , Call: (941) 977-2005

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Turnkey Rental Property – $10,200 Annual Gross Income

315 Matthews Ave, Sikeston, MO 63801

2 Bedrooms
1 Bathrooms
882 sqft
Image 1
2 Bedrooms
1 Bathrooms
AreaArea Dark
882 sqft

Property Overview

315 Matthews Ave offers investors a stabilized, income-producing rental property in Sikeston, Missouri. This 2-bedroom, 1-bath single-family home features approximately 882 square feet and is currently occupied, generating $850 per month in rental income ($10,200 annual gross income). The property has benefited from numerous capital improvements, including HVAC repairs, sewer line maintenance, interior painting, flooring updates, landscaping, electrical improvements, and various structural repairs. These updates help provide investors with a turnkey rental opportunity and reduced near-term maintenance concerns. This property can be purchased individually or as part of a 5-property Sikeston rental portfolio offered for $499,000. The portfolio currently generates $4,330 per month in gross rental income and offers investors immediate cash flow with future appreciation potential. Whether you're looking for a buy-and-hold rental, a cash-flowing investment, or a portfolio acquisition, 315 Matthews Ave provides stable income and long-term upside in a growing rental market. Current Gross Annual Income: $10,200 Current Monthly Rent: $850 Estimated Market Rent: $850 Occupancy Status: Occupied Property Type: Single Family Residence

Beds

2

Baths

1

Sq Ft

882

Additional Details

Type

single family residence

Parking

N/A

Built In

1922

Lot Size

6,000 sqft

Property Condition & Systems

Property Condition

8-Mostly Renovated Condition

Flood Zone

Yes

Renovation Estimate

$50,000

Monthly Tax

$29

Air Conditioning

Yes

Basement

No

Age Restricted

No

Occupancy

OCCUPIED

HOA/COA

No

Lease Amount

$850

Lease Term

1

Asking Price$85,000
ARV$90,000
Prop AI Score----------

Ask the contract holder about the property

Comparable Property Sales

Property

Single Family Residence

309 Benton St, Sikeston, MO 63801

$35,000
2 Bedrooms
1 Bathrooms
728 sqft
Property

Single Family Residence

531 Greer Ave, Sikeston, MO 63801

$111,000
3 Bedrooms
1 Bathrooms
1,224 sqft
Property

Single Family Residence

140 N 3rd St, Sikeston, MO 63801

$121,000
0 Bedrooms
0 Bathrooms
1,092 sqft

Property Location

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Payment Calculator

Home Price

Down Payment (%)

Loan Amount

-$14,365,000

Interest Rate (%)

Estimated monthly payment breakdown
Interest
$0
Property Tax
$29
Home Insurance
$2
HOA
$0

Est. Payment

$31

/ month

Asking Price$85,000
ARV$90,000
Prop AI Score----------

Ask the contract holder about the property