Turnkey Investment – 8.5% Cap Rate | 34% ROI Potential | $2,995/mo Rent thru Mar 2026 | Seize this rare opportunity to own a high-performing investment property in a desirable St. Peters neighborhood! This updated 3-bedroom, 3-bath ranch is already leased at $2,995/month, offering immediate cash flow with an impressive 8.5% cap rate and up to 34% projected ROI. Inside, you'll find durable wood flooring, a light-filled living room with a cozy woodburning fireplace, and a spacious kitchen with granite counters, dark cabinetry, and a breakfast bar — ideal for tenant appeal and long-term value. The main level includes a primary suite with private bath, two additional bedrooms, a second full bath, and convenient main-floor laundry. The finished lower level adds major value with a large family room and third full bath — perfect for multigenerational tenants or added rental flexibility. Step outside to a fully fenced backyard with a generous deck for entertaining. Whether you're looking to expand your portfolio or secure a high-yield property with strong rental history, this one checks all the boxes. Low vacancy risk. Strong tenant. High returns.