Turnkey Rental In Independence
• 3 Beds / 1.1 Baths • 1,050 SqFt
Offer Submission Deadline
-
Single Family House -
3 -
1.1 -
1955 -
1050 -
1050 -
Attached Garage
Description
11117 E 36th St S, Independence, MO 64052
Nice rental opportunity in Independence with tenant already in place paying $1,325/month.
This is a 3 bed, 1.1 bath home featuring a 1-car garage, crawl space foundation, and sitting on a large corner lot with a fenced backyard.
The current tenant has been in place for 13 years and wants to stay, making this a true plug-and-play rental with immediate income. Property has been well maintained and updated, minimizing upfront work.
Whether you’re looking to:
- Add a stable asset to your portfolio
- Avoid vacancy and lease-up time
- Or secure a property that already performs
👉 This one checks the boxes.
Highlights:
- $1,325/month rent (in place)
- Long-term tenant (13 years)
- Large corner lot + fenced yard
- 1-car garage
- Maintained property
- Cash flow from Day 1
Great opportunity to lock in a performing rental that beats the 1% rule and start collecting income immediately.
Estimated Spread
- ARV $150,000
- Price $129,000
- Spread $21,000
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