Property Overview

822 E Kathleen Ave is a stabilized, income-producing rental property located in Sikeston, Missouri. This 2-bedroom, 1-bath single-family home offers approximately 884 square feet of living space and is currently occupied, generating $775 per month in rental income ($9,300 annual gross income). The property has undergone extensive improvements, including electrical upgrades, sewer repairs, interior and ceiling repairs, exterior siding replacement, painting, flooring improvements, and numerous maintenance updates. These improvements help provide investors with a turnkey rental opportunity and reduced near-term capital expenditure requirements. 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 rent growth potential. Current rent is $775 per month, with estimated market rent of approximately $875 per month, providing additional upside for future revenue growth. Current Gross Annual Income: $9,300 Current Monthly Rent: $775 Estimated Market Rent: $875 Occupancy Status: Occupied Property Type: Single Family Residence

Additional Details

Property Condition & Systems

Property Location