830 Loekes Drive

About This Home

STABILIZED HIGH-YIELD ASSET! Secure a high-performing addition to your portfolio with this revenue-ready 3-bedroom, 1-bath ranch. Offered at $159k, this property generates $1,540/mo in total gross income ($1,430 base rent + $35 trash + $75 MSD reimbursements), delivering a strong 0.97% rent-to-price ratio for the Florissant market. Professionally managed with a consistent maintenance history. Interior highlights include a bright sun porch and a full unfinished basement with significant value-add potential. Exterior features a level, fenced lot with off-street parking, situated in an established neighborhood near I-270. This is a stabilized, income-generating asset with a lease in place through 3/31/2026. Perfect for 1031 exchange or a turn-key portfolio addition. To respect the privacy of the occupants, do not disturb. Showings available only with an accepted contract. Property to be sold in current as-is condition.

Property Details

Listing History