19121 E 500 Rd

Prescott, KS 66767
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4 bd, 3 ba | 3,020 sqft | Built in 1980

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List Price
$225,000

Initial Investment

$61,313

Purchase Price

$225,000

Down Payment

25%

Rent

$1,030

Total Return

$71,716

Annualized Return

15.1%

Cap Rate

3.2%

Gross Yield

5.5%

Cash Flow

-$5,480

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

622,908

HOA

None

Flood Risk

Not Required

Nestled on 14.3 acres, this property boasts some of the most breathtaking hilltop views in the county. The 4-bedroom, 3-bathroom fixer-upper is being sold "as is," but its sturdy structure provides a solid foundation for renovations. With over 3000 sq. ft. of living space, there is plenty of room for customization. The property also features a 40x60 outbuilding, a barn, and scenic ponds, adding to its charm. This home presents an exciting opportunity for a new owner to infuse their unique vision and style into its already remarkable character.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$2,090

Property Taxes

-$2,900

Loan Payments

-$12,232

Net Cash Flow

-$5,480

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Dez Poole
Agent License 00227031
Dez Poole
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2501437
Last Updated: 07/26/2024 09:07
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