8328 Strathmore Place

About This Home

Turnkey cash flow opportunity in the heart of Jennings! This 1-bedroom bungalow is a perfect addition to any investor’s portfolio—whether you’re just getting started or looking to scale—with performance that exceeds the sought-after 1% rule. This fully leased property is already producing income with subsidized rent at $900/month, secured through October 2026, providing immediate and stable cash flow from day one. The home underwent a recent rehab in September 2025, featuring fresh interior paint, durable LVP flooring throughout, a new bathtub, three new A/C units, and various foundational updates—making this a truly turnkey, low-maintenance investment. The partially finished basement adds further upside, complete with a half bath and walk-out access. With minimal effort, this space could be converted into an additional bedroom, increasing both rental value and long-term equity. Opportunities like this—stabilized, updated, and income-producing—don’t last long in the St. Louis rental market. Add this cash-flowing asset to your portfolio today!

Property Details

Listing History