Investor Special! Description: Garage converted to a room with sliding door. This home is perfect for a fixer guy who wants to flip or actually live in it or rent it out. Rental value is 700 to 775 per Section 8. Fix up costs may be 10 to 20K depending on a new roof, AC, plumbing, electrical, etc. So for a 50K to 60K total investment…… Net rental income may be 500/month or 6K per year. So, 6,000/50,000 is a net ROI of 12%. Which is terrific!!