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$124,500 / 2br - 896ft2 - πŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 (Godfrey, IL - Metro East/ St. Louis area)

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πŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 1
πŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 1 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 2 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 3 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 4 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 5 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 6 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 7 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 8 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 9 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 10 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 11 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 12 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 13 thumbnailπŸ’° Cash-Flowing 2BR Condo – $1,900/mo Tenant – 13.9% Cap – $124,500 14 thumbnail

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2BR / 1Ba 896ft2 available now
apartment
no laundry on site
furnished
street parking
no smoking
air conditioning

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Turnkey Investment – 13.9% Cap Rate – Tenant Locked Through Oct 2026

This 2-bedroom, 1-bathroom fully furnished condo in Godfrey, IL is a true cash-flow machine. Tenant is paying $1,900/month, secured under lease until October 2026 – giving you immediate, reliable income.

πŸ“Š Numbers

Purchase Price: $124,500

Rent: $1,900/mo = $22,800/yr

Expenses: HOA $200/mo, Insurance $60/mo, Internet $60/mo, Taxes $1,658/yr

Net Operating Income: $17,302/year

Cap Rate: 13.9%


🏠 Property Features:

2 spacious bedrooms, 1 full bath

Fully furnished – turnkey setup, no extra costs

Appliances included

HOA covers exterior maintenance and common areas

Condo in quiet, well-kept community



Rare double-digit cap rate in today’s market

Long-term tenant = zero vacancy risk

Perfect for out-of-state or passive investors

High monthly cash flow from day one


πŸ“ž Call/text/email for financials, lease docs, and showing info. Serious investors only.


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Price

$124,500


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Sqft

896

post id: 7880543689

posted:

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