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Turnkey 3BR/2BA Rental – $12,360 Annual Gross Income

1723 Oklahoma St, Sikeston, MO 63801

3 Bedrooms
2 Bathrooms
1,120 sqft
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3 Bedrooms
2 Bathrooms
AreaArea Dark
1,120 sqft

Property Overview

1723 Oklahoma St presents a strong cash-flowing investment opportunity in Sikeston, Missouri. This 3-bedroom, 2-bath single-family residence offers approximately 1,120 square feet of living space and is currently occupied, generating $1,030 per month in rental income ($12,360 annual gross income). The property has undergone significant capital improvements, including a roof replacement in 2024, new LVP flooring, interior painting, sewer and plumbing repairs, and additional interior upgrades, helping provide investors with a stabilized rental asset and reduced near-term maintenance concerns. According to the portfolio records, approximately $16,200 in documented repairs and improvements have been completed. This property can be purchased individually or as part of the Sikeston Rental Portfolio, a package of five stabilized single-family rental properties offered for $499,000. The portfolio currently generates $4,330 per month in gross rental income and offers investors immediate cash flow, future rent growth potential, and multiple value-add opportunities. Current rent is $1,030 per month, with estimated market rent of approximately $1,100 per month, creating additional upside for future revenue growth. Located in Sikeston, a regional commercial and logistics hub with strong rental demand, this property offers investors a turnkey opportunity with existing income and long-term appreciation potential. Current Gross Annual Income: $12,360 Current Monthly Rent: $1,030 Estimated Market Rent: $1,100 Occupancy Status: Occupied Property Type: Single Family Residence

Beds

3

Baths

2

Sq Ft

1120

Additional Details

Type

single family residence

Parking

N/A

Built In

1960

Lot Size

14,000 sqft

Property Condition & Systems

Property Condition

8-Mostly Renovated Condition

Flood Zone

No

Renovation Estimate

$50,000

Monthly Tax

$35

Air Conditioning

Yes

Basement

No

Age Restricted

No

Occupancy

OCCUPIED

HOA/COA

No

Lease Amount

$1,030

Lease Term

1

Asking Price$119,000
ARV$124,000
Prop AI Score----------

Ask the contract holder about the property

Comparable Property Sales

Property

Single Family Residence

633 Sandywood Rd, Sikeston, MO 63801

$116,000
0 Bedrooms
0 Bathrooms
1,298 sqft
Property

Single Family Residence

327 Illinois Ave, Jikeston Xx, CA 63807

$125,000
3 Bedrooms
1 Bathrooms
1,184 sqft
Property

Single Family Residence

531 Greer Ave, Sikeston, MO 63801

$111,000
3 Bedrooms
1 Bathrooms
1,224 sqft

Property Location

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Payment Calculator

Home Price

Down Payment (%)

Loan Amount

-$28,203,000

Interest Rate (%)

Estimated monthly payment breakdown
Interest
$0
Property Tax
$35
Home Insurance
$3
HOA
$0

Est. Payment

$38

/ month

Asking Price$119,000
ARV$124,000
Prop AI Score----------

Ask the contract holder about the property