1321 W 24th St S

Independence, MO 64052
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3 bd, 2 ba | 804 sqft | Built in 1948

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List Price
$139,900

Initial Investment

$38,123

Purchase Price

$139,900

Down Payment

25%

Rent

$1,150

Total Return

$64,609

Annualized Return

22.4%

Cap Rate

6.2%

Gross Yield

9.9%

Cash Flow

$476

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,328

HOA

None

Flood Risk

Not Required

This investor-owned property is in great shape and just needs a few finishing touches or updates to make it your own. This home is ready for move-in, offering a fantastic opportunity for those looking to add their personal style through light updates or cosmetic improvements. Home is perfect for an investor looking to add to their rental portfolio, current market rental rates around $1175-$1275. In a great neighborhood with a great price, this home is a perfect choice for anyone looking for a great value with the potential to customize to their liking.
Don’t miss out on this move-in ready gem with room for your creative vision!

MARKETS

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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

$13,110

Expenses

-$2,578

Property Taxes

-$2,450

Loan Payments

-$7,606

Net Cash Flow

$476

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:SBD Team
SBD Housing Solutions LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2536358
Last Updated: 03/16/2025 13:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.