Turnkey Rental Properties for Sale in Today’s Top Markets

Overwhelmed by conflicting real estate investing advice? Join 85,000+ busy professionals who trust RealWealth’s 20+ years of expertise to help them find turnkey rental properties for sale nationwide. Membership is free, and you receive access to off-market deals with no sales pressure.

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RealWealth Turnkey Rental Property Markets Map

Why Turnkey Rentals

Hassle-free way to earn passive income
Property management already in place
Skip renovations and tenant headaches
Choose from single-family, multi-family, or new-build homes
Start cash flowing faster than DIY investing

Why RealWealth

Save 200+ hours of research & operator vetting
Build a diversified real estate portfolio in 90 days
Backed by 20+ years of proven market due diligence
Access exclusive, off-market rental deals nationwide
100% free membership with no sales pressure

Why Turnkey Investors Love Real Wealth

Wayne & Danelle Brice

Members since 2014

“I retired a month ago & can now focus on what matters most..”

Cindy & Oscar

Members since 2019

“Real estate is an asset that has historically proven to provide good return of investment…I get the cash flow, I get appreciation, I get tax benefits and I also get the debt-to-payment back to me.”

Robby & Athena

Members since 2023

“I believe I was 21 when I first invested in turnkey rentals. We have the goal of ultimately having 20 properties and diversifying along the way.”

Looking for turnkey Rental properties in Top U.S. markets?

Join RealWealth to find your next investment property!

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Quick Links

Turnkey Rental Properties & Pro Formas
Benefits of Investing in Turnkey Rental Properties
Why Invest in Turnkey Properties Through RealWealth
View Additional Property Types for Sale

Turnkey Rental Properties & Pro Formas

These turnkey rental properties for sale represent available and recently sold inventory. To see what turnkey investment properties are available in a particular market, connect with the turnkey real estate company below by clicking the “Connect With Team” link.

New Construction Duplex Sold by the Oklahoma City Property Team for $350k

2,300 SQ. FT

Location: Lawton,

Oklahoma

Property type: Duplex

Purchase price: $350,000

Gross rent: $2,600

Cap rate (year 1): 7.3

Cash flow (year 1): $6,480

Connect with team

View proforma

New Construction SFR Sold by the Oklahoma City Property Team for $219k

1,099 SQ. FT

Location: Oklahoma City,

Oklahoma

Property type: New Construction

Purchase price: $219,900

Gross rent: $1,575

Cap rate (year 1): 7.0

Cash flow (year 1): $3,371

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New Construction Duplex Property Sold by the Indianapolis Property Team for $510k

2,812 SQ. FT

Location: New Haven,

Indiana

Property type: Duplex

Purchase price: $510,000

Gross rent: $4,200

Cap rate (year 1): 8.7

Cash flow (year 1): $17,061

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View proforma

Duplex Sold by the Kansas City Property Team for $485k

Connect with vetted turnkey property teams in today’s top markets

Exclusive inventory and off market deals
Property management in place
Every team adheres to our REAL Income Property Standards™*

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Single Family Rental Property Sold by the Cincinnati, OH Property Team for $130k

1.5

1,408 SQ. FT

Location: Hamilton,

Ohio

Property type: Rental Resales

Purchase price: $130,500

Gross rent: $1,195

Cap rate (year 1): 8.4

Cash flow (year 1): $3,858

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View proforma

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One-on-one investment counseling
Off-market deals
Vetted property teams
Exclusive members only webinars, property tours & events
And much more

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Single Family Rental Property Sold by the Cincinnati, OH Property Team for $109k

1,148 SQ. FT

Location: Middletown,

Ohio

Property type: Rental Resales

Purchase price: $109,500

Gross rent: $1,050

Cap rate (year 1): 8.6

Cash flow (year 1): $3,469

Connect with team

View proforma

Single Family Rental Property Sold by the Alabama Property Team for $290k

2.5

1,601 SQ. FT

Location: Bessemer,

Alabama

Property type: New Construction

Purchase price: $290,000

Gross rent: $2,025

Cap rate (year 1): 6.7

Cash flow (year 1): $4,650

Connect with team

View proforma

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Benefits of Investing in Turnkey Rental Properties

Many people choose turnkey investing because they want a hands-off approach to real estate investing, but there are many benefits to owning turnkey rental properties.

Immediate Rental Income: Turnkey rental properties are typically renovated and tenant-occupied, allowing you to generate rental income immediately.
Lower Time Commitment: Unlike traditional real estate investments, turnkey investment properties eliminate the need for you to handle renovations, repairs, or finding tenants, as property management is usually outsourced.
Passive Investment Opportunity: Turnkey investment properties are ideal for busy people and individuals looking to invest out-of-state, as a professional team manages the day-to-day responsibilities.
Diversification Across Markets: Turnkey investing allows investors to purchase rental properties in high-growth, landlord-friendly markets, reducing market-specific risks and the high entry point in specific markets.
Professional Management: The turnkey real estate sales and management companies in RealWealth’s network offer high-quality properties and property management. This ensures that your rental property is well-maintained, rents are collected, and tenant issues are addressed without requiring day-to-day involvement.
Predictable Returns: Real estate pro formas provided by turnkey real estate companies include estimated returns, making it easier to project cash flow, appreciation, and overall profitability.
Tax Advantages: As with other rental properties, you can deduct expenses like mortgage interest, property management fees, and depreciation from your taxes.
Access to Vetted Properties: Turnkey providers typically vet their properties, ensuring they are in desirable locations with good rental demand.
Risk Reduction: Renovated turnkey investment properties with all the recommended inspections and tenant placement reduce the risk of major repairs or vacancies.

Turnkey investment properties are especially beneficial for new investors or those who prefer a low-maintenance real estate portfolio. However, due diligence is still crucial to ensure you’re working with a reputable turnkey real estate sales and management company (learn about red flags of dangerous turnkey companies) and investing in turnkey investment properties that offer realistic projections and long-term growth.

Why Invest in Turnkey Properties through RealWealth

1. Grow Your Real Estate Portfolio With Ease

Connect directly with vetted turnkey real estate companies with available single and multi-family inventory across the U.S. and essential industry resources like trusted CPAs, attorneys, and 1031 exchange intermediaries.

2. Learn From Industry Pros & Gain Confidence

With our comprehensive educational support–free weekly webinars, in-person and virtual live events, in-person property tours, podcasts, and a library of written and video content–you can easily learn all there is to know about real estate investing. With this education at your fingertips, you can confidently create an investment strategy and find the best turnkey rental properties for sale.

3. Discover a Variety of Turnkey Investment Properties

Explore investments in top-performing nationwide real estate markets. Whether focused on cash flow, appreciation, or hybrid strategies, you can connect with a turnkey property team and market that fits your real estate investment goals.

4. Get Personalized Support From an Experienced Investor

Work one-on-one with an experienced RealWealth Investment Counselor who can help you define your strategy, evaluate new construction and renovated turnkey rental properties for sale, and grow your real estate portfolio the right way.

5. Save Time & Build Wealth Faster

Learn how to simplify real estate investing with a streamlined approach to finding, purchasing, and managing passive real estate investments through turnkey rental properties.

6. Connect With Like-Minded Investors

Our community is strong, and we make it easy to connect with others just like you at our live events, weekly webinars, and in-person property tours.

Ready to take the next step in real estate investing? Join for free to start building your portfolio with confidence.

Property Types for Sale

Looking for turnkey Rental properties in Top U.S. markets?

Join RealWealth to find your next investment property!

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Frequently Asked Questions

What does turnkey mean in real estate?

A turnkey rental property is ready for immediate occupancy and available for tenants to rent. It is a fully rehabbed property or a new build, may come with tenants in place, and has property management in place. Investing in turnkey real estate is ideal for busy professionals or investors who want cash flow without the hassle of renovations or property management. Learn more about this investing model in our article Turnkey Real Estate Investing: Your Guide to Hassle-Free Wealth Building.

What are the main benefits of turnkey real estate investing?

Turnkey investment properties offer investors immediate cash flow potential from day one, along with professional property management and the ability to diversify across multiple markets. It’s ideal for busy professionals or new investors who want to build long-term wealth without the stress of hands-on renovations or tenant management. Learn more in Turnkey Real Estate Investing: Your Guide to Hassle-Free Wealth Building.

What are the red flags to watch for when choosing a turnkey company?

Turnkey property providers are not created equal, and across the industry, there is no standardized definition of what constitutes a turnkey rental property or a turnkey rental company. Some red flags to watch out for are providers who overpromise returns, hide critical details, or fail to meet quality standards. Others may lack third-party inspections, fail to provide transparency about their markets, or have limited experience in property management. Because of this, it’s up to you to thoroughly vet any turnkey real estate company you are considering. Learn how to set yourself up for success and vet providers in Turnkey Real Estate Companies: 8 Red Flags You Need to Know.

Who are the best turnkey real estate companies for investors?

The best turnkey companies offer complete transparency, have a proven track record in property management, and possess local market expertise. They should also align with investor goals (such as cash flow, appreciation, or a combination of both) and provide ongoing support, rather than just a one-time sale. RealWealth partners only with vetted property teams that meet our REAL Income Property™ Standards, and RealWealth Investment Counselors provide ongoing support to all our members.

What’s the difference between turnkey investing and the BRRRR strategy?

Both strategies build wealth through real estate, but they are suited to different types of investors. Turnkey real estate investing offers ready-to-go properties that generate predictable cash flow with minimal effort, making it an ideal investment option for passive investors. The BRRRR strategy—Buy, Rehab, Rent, Refinance, Repeat—requires more hands-on involvement, greater risk, and potentially higher returns. Learn more in our article How to do a BRRRR Strategy in Real Estate.

How can I get started with turnkey real estate investing?

Begin by identifying your financial goals, target markets, and level of comfort with risk. Then, work with a turnkey real estate company like RealWealth that connects you with vetted property providers selling off-market turnkey rental properties in the nation’s top markets. It’s 100% free to join, and you’ll receive access to education webinars, property team connections, and ongoing support from an experienced investment counselor. Explore the various types of turnkey rental properties available for sale.

How do I buy a turnkey rental property?

While you can buy a turnkey real estate on your own, we highly recommend joining a real estate investment club like RealWealth (membership is free). Working with a trusted company and provider will save you time and money. For over 20 years, we’ve been helping people build wealth through real estate, and as investors ourselves, we have experienced the ups and downs of the housing market. With our resources, you can connect with vetted, turnkey property teams in top U.S. markets, as well as other industry resources, including lenders, lawyers, and asset protection specialists. As a member, you’ll have access to property pro formas, local market insights, and a dedicated Investment Counselor to help you evaluate markets and deals. Once you have chosen a property, review the pro forma, verify the management, and finalize the closing. Your local team then handles operations—so you earn hands-off, passive income from day one.

What do real investors say about buying turnkey investment properties through RealWealth?

As a leader in the industry, our members tell us that our free education and resources, direct connections to vetted turnkey property teams, and ongoing support from pros have helped them successfully invest in passive turnkey real estate. Hear directly from RealWealth members who are achieving financial freedom through turnkey investing and real estate syndications.

How does RealWealth help investors succeed with turnkey rental properties?

At RealWealth, we don’t just provide access to turnkey providers; we also offer personalized support from experienced investors. This support is designed to help our members succeed at every step of their investment journey. Join us for free at RealWealth.com and start learning and investing with confidence.

I want to find turnkey rental properties for sale with pre-calculated ROI. Does RealWealth have real estate pro formas I can review?

Yes, as a member, you’ll have full access to sample turnkey rental property pro formas that show projected cash flow, ROI, and other key metrics. While you can connect with a property team at any time after joining, we highly recommend scheduling a strategy session with your investment counselor to help tailor your investment strategy to your goals, whether focused on cash flow, appreciation, or a hybrid market approach. Once you connect with one of our vetted property teams, they will send you current inventory—including available turnkey rentals with full pro formas—so you can evaluate potential returns before investing. You can also use analysis software like DealCheck to run your own projections.

What are the 1% and 2% rules in real estate investing?

The 1% rule helps investors quickly estimate if a potential rental property will generate positive cash flow. This calculation says that the monthly rent should equal at least 1% of the property’s total purchase price, including renovation costs. The 2% rule sets a higher benchmark—2% of the purchase price—but is rare in today’s market. These rules are helpful screening tools, not absolute indicators of performance. Learn more and see examples in “What are the 1% and 2% Rules in Real Estate Investing?”

I want to start investing in real estate, but the local market in my area is too expensive. Can I purchase turnkey investment properties if I live in another state?

Yes! Investing out of state can unlock more substantial cash flow, faster growth, and geographic diversification, mainly when you invest in more landlord-friendly, affordable markets. Success hinges on choosing the right market, building a reliable local team, conducting thorough due diligence, and managing remotely with professional services or working with a company like RealWealth that provides direct access to turnkey property teams who sell off-market properties with property management in place. Read our guide to learn more about Out-of-State Real Estate Investing Strategies.

Where can I buy out-of-state turnkey investment properties?

There are several ways to find turnkey rental properties for sale, including the MLS (Multiple Listing Service) and working with real estate investing companies like RealWealth. The method you choose is based on your skill level, investment goals, and the amount of time you have available. Many investors prefer to invest through RealWealth because they have limited time or want to expand their portfolio with low effort. By partnering with us, you can easily connect with vetted property teams that operate in some of the nation’s top-performing metropolitan areas, including Dallas, San Antonio, Indianapolis, Cincinnati, and Birmingham, among others. Each property team offers professionally renovated homes or new build properties with property management in place, making it easy to invest remotely.

Where can I find attorneys who specialize in real estate investing and out-of-state rental investment properties?

When you join RealWealth, you’ll gain access to a vetted network of industry pros like asset protection specialists, lenders, 1031 exchange facilitators, and more, who understand real estate investing and investors. Members can connect directly with these experts to build customized strategies for protecting their rental property portfolios.

What are the pros and cons of buying turnkey rental properties?

Pros: Turnkey investing offers immediate cash flow, since they’re renovated, tenant-ready, and often already have property management in place. That saves you time, stress, and the hassle of renovation and leasing, as well as the day-to-day headaches that come with being a landlord. This makes it an ideal investing strategy for those wanting a more passive income stream.

Cons: Turnkey investment properties typically carry higher upfront costs due to the “rent-ready” premium. Depending on the property provider, renovations may sometimes be superficial or inconsistent in quality, and often rely heavily on the property management company’s competence. You can also face challenges with long-distance ownership (laws, inspections, local oversight). Not all turnkey companies and markets are equal; it’s critical to partner with a reputable turnkey provider and conduct thorough due diligence.

Learn more in Turnkey Real Estate Investing: Your Guide to Hassle-Free Wealth Building.

What are Section 8 properties?

Section 8 properties are rental homes that accept tenants using government housing vouchers through the U.S. Department of Housing and Urban Development (HUD). Investors receive consistent rent payments directly from local housing authorities, which can provide stability even in changing markets. However, these properties often come with stricter inspections, more paperwork, and longer timelines for tenant placement. Learn more about evaluating rental property strategies in Section 8 Properties for Sale & Why Buy Now, and see if it is right for you.

Where can I find resources to help me analyze the potential cash flow of a turnkey investment property?

A variety of professional analysis software is available for real estate investors. We recommend DealCheck, which has a free and paid version. All of our pro formas are created in DealCheck, and RealWealth members receive an exclusive discount on the paid version. Analysis tools like these can be invaluable for understanding the viability of a property. To get more accurate rental prices, we recommend RentCast. These resources make it easier to evaluate returns, compare markets, and make data-driven decisions before making a purchase.

Where can I find rental properties with favorable landlord laws?

To find rental properties in states with favorable landlord laws, first review RealWealth’s guide on Landlord-Friendly States. Markets like Texas, Florida, Alabama, Georgia, Indiana, Arizona, and North Carolina typically have faster eviction processes, no or limited rent control, and fewer regulatory hurdles for property owners. These locations are commonly included in RealWealth’s vetted turnkey investment opportunities, making them good places to start when looking for landlord-friendly turnkey rental properties.

What cities offer the best ROI for rental property investments?

The cities that tend to offer the best return on investment (ROI) for rental properties combine strong job growth, affordable home prices, and rising rents. RealWealth’s heavily researched markets, including Dallas, San Antonio, Birmingham, Chattanooga, Cleveland, and Indianapolis, consistently rank as top performers. These metros often feature favorable landlord laws and solid rent-to-price ratios, making them ideal for investors looking for cash flow and appreciation. Explore detailed market data and vetted turnkey opportunities in the article Best Places to Buy Rental Property.

I want to grow my real estate portfolio with RealWealth’s help. What are my next steps?

Getting started is simple. Join RealWealth for free to access vetted turnkey teams, investment counselors, investor education, and sample property pro formas. Your RealWealth Investment Counselor can help tailor your investing strategy, connect you with trusted teams, and guide you through your purchase—so you can confidently grow your real estate portfolio and build long-term wealth.

Turnkey Rental Properties for Sale in Today’s Top Markets

Why Turnkey Rentals

Why RealWealth