9406 W 53rd St

Shawnee, KS 66203
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3 bd, 2 ba | 2,290 sqft | Built in 1920

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List Price
$249,950

Initial Investment

$68,111

Purchase Price

$249,950

Down Payment

25%

Rent

$2,160

Total Return

$126,251

Annualized Return

24.8%

Cap Rate

7.2%

Gross Yield

10.4%

Cash Flow

$3,365

Appreciation

7.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,663

HOA

None

Flood Risk

Not Required

Discover a charming fixer-upper opportunity nestled in the highly sought-after Shawnee area. This three-bedroom, one and a half bath house boasts a spacious interior awaiting your personal touch. A large, two-car detached garage with the potential for a workshop sits in the expansive backyard, perfect for hobbies or additional storage. Surrounded by a canopy of mature trees, this property offers tranquility and privacy, making it an ideal retreat within the city. Embrace the chance to transform this property into your dream home at an exceptional price point.

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

Annual Financial Highlights

Expected Rent

$24,624

Expenses

-$4,720

Property Taxes

-$2,950

Loan Payments

-$13,589

Net Cash Flow

$3,365

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:Christi Mancuso
Platinum Realty LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2498920
Last Updated: 07/13/2024 09:07
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