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10514 Spring Garden offers a turnkey rental opportunity for both new and experienced investors. This well-maintained 3-bedroom, 1-bath home is currently leased to a Section 8 tenant paying $1,250 per month, with a lease in place through August 31, 2026, providing stable, predictable income.
This property is part of an 8-home 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, 7 of 8 homes are occupied, generating $8,140 per month, with projected rents reaching $10,640 at full occupancy.
As leases turn, investors can push rents higher, with pro forma income exceeding $11,000 per month. Ownership has actively managed the properties and kept them in solid condition. Most tenants use Section 8, which provides consistent and reliable income, while one unit rents at market rate.
The homes sit close to one another, which improves efficiency and simplifies management. This portfolio gives investors the chance to scale quickly or enter the market with a stabilized, income-producing asset base.
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