Cash-Flowing 3BR Rental with Lease in Place & Portfolio Upside

220 Roderick offers a turnkey rental opportunity for both new and experienced investors. The property is currently leased to a market-rate tenant paying $1,050 per month, with a lease secured through February 28, 2027, providing stable, long-term income.

This home is part of an 8-property single-family portfolio. The seller prefers to sell the portfolio together or in smaller groups, but also offers each home individually. The portfolio includes all 3-bedroom homes: six 3 bed/1 bath, one 3 bed/1.5 bath, and one 3 bed/2 bath. Currently, 6 of 8 homes are occupied, generating $8,140 per month, with projected rents reaching $10,640 once fully leased.

As leases renew, investors can increase rents further, with pro forma income exceeding $11,000 per month. Ownership has actively maintained the properties and kept them in solid condition. Most tenants use Section 8, which provides consistent income, while this property benefits from a market-rate lease.

The homes sit close to one another, improving efficiency and simplifying management. This portfolio offers a strong opportunity to scale quickly or acquire stabilized, income-producing assets.