This 4-bed, 1.5-bath single-family home in Saint Louis shows promising rent potential. With current tenant paying $1,436/month and comps suggesting $1,690-$1,950, there's room for growth. The property's spacious 1,755 sqft, full basement, and 2-car garage are attractive features. Located in North Pointe, where median listing prices are around $86K, this $114,900 listing stands out. The recent $5K price drop could indicate motivation to sell, potentially benefiting investors.
To maximize rental income, consider minor upgrades like fresh paint and updated fixtures. The full basement offers potential for additional living space or storage, which could justify higher rent. Given the property's current occupancy and income, it may be an ideal turnkey investment. For the current owner, if selling is the goal, highlighting the steady rental income and recent improvements could attract investors looking for immediate cash flow.