1011 Walnut St

Higginsville, MO 64037
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2 bd, 1 ba | 928 sqft | Built in 1950

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List Price
$158,500

Initial Investment

$43,191

Purchase Price

$158,500

Down Payment

25%

Rent

$800

Total Return

$57,370

Annualized Return

17.2%

Cap Rate

4.0%

Gross Yield

6.1%

Cash Flow

-$2,570

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,932

HOA

None

Flood Risk

Not Required

Charming 2-bedroom bungalow filled with character and abundant natural light! This cozy home features beautiful, real hardwood floors throughout, adding warmth and classic appeal. The spacious living areas are perfect for relaxation, with sunlight streaming through large windows. Enjoy a full basement, offering plenty of storage or potential for additional living space. The large backyard is an outdoor oasis, ideal for gardening, entertaining, or just soaking up the sun. A one-car detached garage completes the property, providing convenience and extra storage. Perfect for those seeking comfort and charm in every corner!

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NEIGHBORHOOD

SCHOOLS

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Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$1,623

Property Taxes

-$1,450

Loan Payments

-$8,617

Net Cash Flow

-$2,570

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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Similar Listings



Listing Courtesy of:Monica Ritter
Agent License 2001029099
RE/MAX Central
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2518845
Last Updated: 11/10/2024 00:11
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