Prime Investment Opportunity at 1020 Pillow Avenue
Welcome to 1020 Pillow Avenue, a charming and spacious rental property offering both value and potential for investors seeking consistent cash flow and a well-maintained asset. Built in 1950, this 1,520-square-foot home features four bedrooms and two full bathrooms, providing an ideal living space for families or tenants looking for affordable comfort.
Currently vacant and ready to rent, this property targets a monthly rental income of $700, making it a strong addition to any rental portfolio looking to expand in a high-demand area.
Property Overview
Address: 1020 Pillow Ave
Year Built: 1950
Living Area: 1,520 sq ft
Bedrooms: 4
Bathrooms: 2
Current Status: Vacant, move-in ready
Target Rent: $700/month
Why This Property Stands Out
1020 Pillow Avenue offers a solid structure and a functional layout, designed to meet the needs of families or groups requiring extra space. The four-bedroom, two-bathroom configuration balances comfort with manageability, ensuring ease of maintenance for owners while providing generous space for tenants.
The kitchen includes essential appliances—a stove and refrigerator—making move-ins simple and appealing. Features such as a window air-conditioning unit and gas wall heating ensure year-round comfort, broadening tenant appeal and satisfaction.
Investment Potential
For investors, properties like 1020 Pillow Avenue represent steady rental income and long-term equity growth. This home has benefited from professional property management, with a reputable local company overseeing operations such as tenant screening, rent collection, maintenance coordination, and financial reporting.
This means investors can enjoy hands-off ownership with reliable monthly returns and minimal day-to-day involvement.
Professional Property Management
Strong management is key to maximizing returns—and this property benefits from one of the area’s most trusted management teams. Their proven track record includes maintaining high occupancy rates, minimizing vacancies, and ensuring the property remains in top condition.
Prompt maintenance, excellent tenant communication, and transparent financial reporting help owners protect their investment while maintaining tenant satisfaction.
Cash Flow and Financials
With a target rent of $700 per month, this property offers attractive cash flow potential relative to its size and location. Combined with experienced management, investors can expect consistent income and reduced operational stress.
Prospective buyers are encouraged to review profit and loss statements, maintenance logs, and management reports to evaluate financial performance and historical upkeep.
Condition and Maintenance
Built in 1950, the home has been well cared for over the years, with timely maintenance ensuring continued functionality and safety. Its gas wall heater and window AC system provide dependable climate control, reducing the need for expensive HVAC replacements.
For investors open to light renovation or upgrades, this property presents opportunities to enhance value and rental rates through modernization or cosmetic improvements.
Location Highlights
Situated in a quiet, accessible neighborhood, 1020 Pillow Avenue offers proximity to local amenities, schools, shopping, and transportation. The balance between peaceful residential living and everyday convenience makes this an attractive rental location, particularly for families seeking space and comfort.
Ideal Tenant Profile
The spacious four-bedroom layout caters perfectly to families, roommates, or shared households. With two full bathrooms and included appliances, tenants can move in quickly and comfortably—helping to reduce turnover and ensure stable occupancy.
Next Steps
Interested investors can schedule a property tour to see the home firsthand. Since the property is vacant, visits can be arranged quickly and conveniently.
For detailed financials, maintenance records, or management information, please contact:
Seth Rodgers
Phone: 731-618-7925
Email: Seth@Renshawcompany.com
Seth can provide all relevant documents, answer property-related questions, and assist with next steps toward acquisition.
Final Thoughts
1020 Pillow Avenue represents a smart, income-producing investment in a desirable rental market. With its spacious floor plan, reliable management, and solid rental potential, this property is ideal for both seasoned investors and newcomers to real estate.
Move-in ready and competitively priced for its market, this home is ready to start generating income immediately.
Don’t miss your chance to add a dependable, value-driven property to your portfolio—your next profitable investment awaits at 1020 Pillow Avenue.
Watch Zillow