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St Louis, St Louis City, Missouri, USA

USD $48,900
Global Investments Inc, Manchester
1,106 sq. ft.
(103 sq. m.)

Key features

  • Two bedrooms
  • Great location
  • Good condition
  • Garden
  • Fully managed
  • Local staff
  • Tenanted

Property description

This fantastic two bedroom brick built house is located in a very nice street in Jennings, St Louis and is just four minutes and just 1 mile from Jennings Junior and Senior High School. The property consists on two large bedrooms, one bathroom, a large lounge diner, a full basement with a large attached garage with direct access to the house. The property is being refurbished inside and made rental ready to a Section 8 standard. The management company will be placing brand new tenants when the new owner closes on the property paying $800 - $850 each month in rent. The tenants can either be Section 8 or private, the decision will be for the new owner.

This property is located in Jennings, St Louis which is only 9 miles from the centre of Downtown Saint Louis. The house is less than 1 mile to Norwood Hills Country Club which has a premier 18 hole golf course, swimming pool, social club, tennis courts, driving range, and fine dining. The club also hosts weddings, receptions, and catered business meetings in St. Louis. The house is also just a few minutes walk to Northland shopping centre which has all the amenities you could ask for. A great location for rentals.

Investment Calculation

Purchase price: 48,900

Gross annual rental income: $10,200

Property running costs: $2,020
(Tax, insurance and management costs)

Net annual rental income: $8,180

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 17%

Break even in 5.8 Years

Let GLOBAL help you with your real estate Investments. We are here to help you build your real estate portfolios, and can customise a purchase plan for your wealth building future! Global Investments provides our clients with excellent strategies for real estate investing, home ownership and wealth building. Understanding the market is the key to success. The market has changed so vastly in the past two years, it takes knowledge to navigate the current local markets and get the best deals.

For the real estate investor, this is the time to take advantage of the market, build portfolios, and create passive real estate income, all leading to future wealth. It can be difficult for new real estate investors to learn to navigate around all of the areas we sell in. Online public information directories, website listing companies etc, all can be very daunting, that is what we are here for.

We specialise in selling single family and multi tenanted homes in all States in the US. We have exclusive agreements with the biggest Asset Management Companies and Banks in the US bringing you the best investments at the best prices with no hidden gimmicks.

Just straight talking advice.

We pride ourselves on the level of service that we give before and after the sale, giving you a 24/7 hands on service which is unrivalled in the industry.

Our biggest business is repeat business and referral.

What we offer?

1.US and Uk offices.
2. Highest ROI in the marketplace
3. On the ground management.
4. Professionally managed by our US staff.
5. Safe and secure locations.
6. Renovation team on the ground.
7. Investment renovation packages
8. 24/7 after sales on hand every day.
9. Award winning Brokers
10. 5 star reviews.
11. Bulk purchases
12. LLC set up.
13. Home Warranty.
14. Landlord Insurance

If you're looking for great properties to purchase with excellent on-the-ground local property management then check out our current inventory, and contact us with any questions ?

Welcome to Global "We are always here to help."

Global Investments " The straight talking property company. "

St Louis, St Louis City, Missouri, USA

Approximate location


Distances are straight line measurements
  • St Louis(International)
    7.0 miles
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About the agent

Global Investments Inc, Manchester

Reedham House, 31 King Street West, Manchester M3 2PJ

At Global, our dynamic team of investment specialists will give you the best and most professional advice, without forgetting the personal touch. We can deliver the best prices and yields in every market we operate in, we have our finger on the pulse.

With our US property investments our broad network of agents covers every State in the USA. We are currently one of the market leaders as our Agents have their ears to the ground delivering the best priced properties the second they hit th

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This is a property advertisement provided and maintained by Global Investments Inc, Manchester (reference hkhgjkfdhgjkdhkgjhdkjhgdkjhgkjhgkjdh) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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