📊 Case Study

Increased Rental Income by 85% with Strategic Section 8 Renovations

How OKC Home Realty Services Transformed a Negative Cash Flow 1930s Home into a High-Yield Asset

Property: Single Family Home

Location: Northeast OKC

At a Glance Metrics

+$575/month

Rent Increase Achieved

+158%

Growth in Net Operating Income

Positive

Cash Flow Status

100%

Section 8 Inspection Pass Rate

Before We Got Involved

The Problem

An out-of-state investor owned this Northeast Oklahoma City brick home, built in the 1930s. Previously leased for years without major updates, it suffered from outdated features. The property was rented for just far below market potential and couldn’t pass housing inspections.

What Was Going Wrong

The property couldn't pass Section 8 housing inspections due to insufficient improvements.
It looked old and unappealing with outdated bathroom tile and worn-out carpet.
No central heat and air, just wall-mounted heaters, making tenants uncomfortable.
Rent stuck at $675/month due to the bad condition.
Only $255/month NOI, too skinny for mortgage payments.
Real maintenance costs were eating up that small profit.

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How We Turned Things Around

Strategic Value-Add Renovation

Phase 1: The Renovation

We knew that to get premium rent, we had to offer a premium product. We changed the old, uncomfortable interior and focused on high-impact upgrades:

Replaced the old wall heaters with Central Heat & Air for tenant comfort.
Ripped out the dirty carpet to install durable hardwood floors.
Upgraded the kitchen with granite countertops and new cabinets.
Replaced old tile and poor lighting with bright, modern fixtures in the bathroom.

Phase 2: Nailed the Housing Inspection

The initial property condition was not good enough to pass a housing inspection. This was overcome by making substantial improvements to the property. By bringing the property up to specific Housing Quality Standards (HQS), we unlocked the ability to accept Section 8 vouchers.

Phase 3: The Financial Flip

By making the improvements and getting the property approved for Section 8, the rent increased significantly from $675 to $1,250/month, leading to a much higher net operating income of $658 per month. This increase in income could then be used to afford the cost of the renovations

The Transformation Process

Assessment

Deep dive into property challenges

Implementation

Strategic systems & processes

Results

Measurable improvements & ROI

The Success Story

✔

Immediate Financial Impact

By bringing the property up to Section 8 standards, we didn’t just find a tenant; we doubled the asset’s performance.

Rent Transformation

Monthly rental income jumped from $675 to $1,250 (an 85% increase).

Higher Net Operating Income (NOI)

NOI rose from a risky $255/mo to a healthy $658/mo, meaning improved cash flow.

Tenant Quality Upgrade

The improved condition and Section 8 status attracted a long-term tenant immediately.

Asset Valuation

The renovation significantly raised the appraisal value of the home, increasing the owner's equity position.

The Numbers Don't Lie

See the dramatic transformation in net operating income after implementing our strategic property management solutions

Before

$255
/month

Ready to See These Results for your Portfolio?

Stop settling for skinny margins and negative cash flow. Whether you have one underperforming property or a whole portfolio that needs a turnaround, we can help you unlock its true potential.