At 25th Street Properties, we aim to make renting a home easy and respectful. Our screening process is thorough, but our goal is always a smooth experience for tenants and property owners we work with.
A completed application is required for every adult who intends to reside at the property.
Application Process
What to Expect
$40 non-refundable application fee per adult applicant. Cash, check, or PayPal accepted. Applications cannot be processed until fee is paid in full.
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Application Fee
Each applicant or occupant age 18 or older must present a valid government-issued photo ID.
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Identification
Our credit reporting agency verifies applicant identity and social security number, and evaluates credit and rental history to assess future rent payment performance. Credit is evaluated for late payments, collections, debt-to-income ratio, bankruptcy, and similar factors. Credit scores of 620+ preferred.
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Credit History
Applicant must have combined, verifiable income equal to at least 2.5 times the rental amount, documented as follows
If employed: 2 most recent pay stubs showing year-to-date income. Proof of earnings from social security, child support, alimony, or spousal support must be documented.
If self-employed: Most recent tax year return, and last 3 months’ business checking account statements to document average monthly deposits.
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Employment
Verifiable, positive rental history with no eviction. We request a five-year history of previous residences.
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Rental History
Varies by property. Behavioral reference required.
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Pet Allowance
Compensating factors and extenuating circumstances may be considered, where appropriate.