This 920 sqft 2-bed, 1-bath property in Fordland, MO has good rental potential. Based on local comps, estimated monthly rent ranges from $750-$975, yielding annual revenue of $9,000-$11,700. With a list price of $89,900, the potential gross yield is 10-13%. The property's central location and recent price reduction enhance its appeal, though its age may require some updates.
Consider making minor updates to justify higher rent, such as fresh paint or new appliances. Focus on highlighting the property's central location and affordability to attract tenants. If purchasing, negotiate the price further given the recent $5,000 reduction. Emphasize the potential for steady rental income in this small but stable market to prospective buyers.