Looking for a hands-off rental property that brings in guaranteed income? Look no further! This fully renovated 3-bedroom, 1-bath home is rented out to a Section 8 tenant paying $1,400/month—guaranteed rent, no headaches. With everything updated, this property follows the 1% rule, making it the perfect investment for someone who wants instant cash flow. Step inside to find a bright, modern interior featuring brand-new finishes throughout. The spacious living room, updated kitchen, and sleek bathroom offer a fresh, move-in-ready feel. From the beautiful hardwood floors to the freshly painted walls, this home has potential. Whether you're a seasoned investor or new, this property provides a seamless rental experience from day one. With a steady tenant, guaranteed Section 8 payments, and no renovation work to worry about, it's like having your cake and eating it too. Don't miss out on this turn-key investment! Buy it, collect the rent, and enjoy the benefits—it's that easy.
Property Details
Property Features
Property Information:
Year Built: 1941
Listing Office:
Office Name: Keller Williams Realty STL
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Covered
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Wall/Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $139,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Jennings, MO.
This property is $74.9K more than the Median Sold Price in Jennings, MO.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MARIS
MLS Number: #24071547
Listing Office:
Office Name: Keller Williams Realty STL
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$766
Per Month
Principal & Interest
$699
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$486
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Kenneth C. Hanrahan Elementary School
8430 Lucas Hunt
Distance between this listing and this school0.37 miles
Public District Grades 4-6
2
/10
Woodland Elementary School
8420 Sunbury Ave
Distance between this listing and this school0.44 miles
Public District Grades PK-3
3
/10
Northview Elementary School
8920 Cozens Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-6
Nearby Schools
3
/10
Jennings Junior High School
8831 Cozens Ave
Distance between this listing and this school0.33 miles
Public District Grades 7-8
2
/10
Westview Middle School
1950 Nemnich Rd
Distance between this listing and this school0.96 miles
Public District Grades 6-8
1
/10
Central Middle School
9800 Patricia Barkalow Dr
Distance between this listing and this school1.91 miles
Public District Grades 6-8
Nearby Schools
2
/10
Jennings Senior High School & College Prep Academy
8850 Cozens Ave
Distance between this listing and this school0.47 miles
Public District Grades 9-12
10
/10
Steam Academy at Msb High Scho
201 Brotherton Ln
Distance between this listing and this school2.22 miles
Public District Grades 9-12
1
/10
Riverview Gardens High School
1218 Shepley Dr
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $36,038. Residents of Jennings, MO typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2531 Oepts Ave
What is the listing price of this property?
The listing price of 2531 Oepts Ave property is $139,900.
What type of property is this?
The property 2531 Oepts Ave is a house located in Jennings, Missouri, 63136.
Is this property for sale now?
Accepting Backup Offers: 2531 Oepts Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 2531 Oepts Ave has 3 bedrooms and 1 bathroom.
Which year was this property built?
The year of construction for 2531 Oepts Ave is 1941.
This home is located at 2531 Oepts Ave in Jennings, MO and zip code 63136 in the North County neighborhood. This home was built in 1941. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $139,900.
Jennings, MO housing market in November 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Jennings, MO real estate market has seen increase in the number of listings by 7.1%. Listings spent 25 days on the market in November 2024, and had a median list price of $65,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.