1514 SE 16th Pl

Oak Grove, MO 64075
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3 bd, 1 ba | 2,036 sqft | Built in 1979

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$1,220

Total Return

$77,456

Annualized Return

14.6%

Cap Rate

3.1%

Gross Yield

5.9%

Cash Flow

-$6,509

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,512

HOA

None

Flood Risk

Not Required

Welcome to this lovely 3-bedroom home, perfectly situated close to a variety of amenities. Step outside to your private deck, an ideal spot for morning coffee, evening barbecues, or simply enjoying the fresh air. Inside, you'll find a bright and inviting layout, with spacious bedrooms that offer comfort and flexibility. The living areas are designed for both relaxation and entertaining, making it easy to host family and friends. With shopping, dining, and recreational options just a stone's throw away, this home combines convenience with a peaceful atmosphere. Don’t miss out on this wonderful opportunity—schedule a showing today!

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

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$2,476

Property Taxes

-$4,350

Loan Payments

-$13,591

Net Cash Flow

-$6,509

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:EWN Group
Real Broker, LLC-MO
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2517265
Last Updated: 10/28/2024 16:10
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.