STABILIZED HIGH-YIELD ASSET! Secure a high-performing addition to your portfolio with this revenue-ready 3-bedroom, 1-bath ranch. Offered at $159k, this property generates $1,540/mo in total gross income ($1,430 base rent + $35 trash + $75 MSD reimbursements), delivering a strong 0.97% rent-to-price ratio for the Florissant market.Professionally managed with a consistent maintenance history. Interior highlights include a bright sun porch and a full unfinished basement with significant value-add potential. Exterior features a level, fenced lot with off-street parking, situated in an established neighborhood near I-270.This is a stabilized, income-generating asset with a lease in place through 3/31/2026. Perfect for 1031 exchange or a turn-key portfolio addition. To respect the privacy of the occupants, do not disturb. Showings available only with an accepted contract. Property to be sold in current as-is condition.
Listed By
Agency Name: Koda Realty
Shown By
Agent Name: Mary M Nigh
Agent Phone: (314) 578-5558
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 1,076.55 per month $866.25 Principal & Interest $163.92 Property Tax $46.38 Homeowner's Insurance
830 Loekes Drive | MLS# 26004710
This single family home located at 830 Loekes Drive, Florissant, MO 63031 is currently listed for sale with an asking price of $159,000. This property was built in 1954 and has 3 bedrooms and 1 full baths. Loekes Drive is located in the Sky- Veu Acres 3 subdivision within the Hazelwood school district. Search Sky- Veu Acres 3 real estate on www.marymnighrealtor.com today.