ApproachAffordable housing is a crisis from coast to coast. Learn how SFR3 brings thousands of affordable rentals to market from Cincinnati to Columbia.
Where We BuyWe operate across almost half the US, in fact a map of our homes fits a map of US population density quite neatly.
How We BuyMany rental operators, large & small, compete with individuals for homes to buy. SFR3 is different: We find dilapidated houses in severe disrepair that haven’t been maintained in decades – banks won’t finance distressed inventory, so we don’t compete with retail buyers.
By definition our homes require (very) deep renovation, which would be uneconomical at retail pricing. We take the worst homes off the block, reducing neighborhood blight.
A few months later, we have an improved, affordable rental that a hardworking family can be proud to call home.
By definition our homes require (very) deep renovation, which would be uneconomical at retail pricing. We take the worst homes off the block, reducing neighborhood blight.
A few months later, we have an improved, affordable rental that a hardworking family can be proud to call home.
How We RenovateOur team scopes all improvements using our app, our rental spec varies by market to account for everything from the weather to building codes and local rental preferences.
We certify local vendors, usually smaller GCs and select specialist trades like HVAC. Our certified vendors are intimately familiar with regional housing stock and how best to deliver our spec efficiently.
If weekly payment, steady work and a mission of national importance sound good to you, become an SFR3 vendor!
We certify local vendors, usually smaller GCs and select specialist trades like HVAC. Our certified vendors are intimately familiar with regional housing stock and how best to deliver our spec efficiently.
If weekly payment, steady work and a mission of national importance sound good to you, become an SFR3 vendor!
How We Rent & ManageWe manage all our homes directly through our property
We manage all our homes directly through our property management companyThey set rent at market rates, and will underwrite residents for whom rent is no more than 30% of income (HUD’s definition of affordable).
American Ave is honored to accept Housing Choice Vouchers (Section 8). Upon moving in, residents can look forward to a clean, safe & functional home.
Need maintenance? Request it online. American Ave has full–time Property Engineers in every market checking in on and taking care of our houses.
management company
American Ave is honored to accept Housing Choice Vouchers (Section 8). Upon moving in, residents can look forward to a clean, safe & functional home.
Need maintenance? Request it online. American Ave has full–time Property Engineers in every market checking in on and taking care of our houses.
