17004 E 3rd Ter N

Independence, MO 64056
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3 bd, 2 ba | 1,066 sqft | Built in 1976

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List Price
$220,000

Initial Investment

$59,950

Purchase Price

$220,000

Down Payment

25%

Rent

$1,510

Total Return

$109,109

Annualized Return

22.4%

Cap Rate

4.9%

Gross Yield

8.2%

Cash Flow

-$1,810

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None

Flood Risk

Not Required

Nestled on a peaceful block in Independence, this inviting 3-bedroom, 2-bath raised ranch combines charm with modern convenience. Step inside to a spacious layout featuring vaulted ceilings with exposed beams, creating a warm ambiance throughout the interior. The well-appointed eat-in kitchen is ideal for both casual meals and gatherings, and all appliances stay for added convenience. With a generous two-car garage and ample storage space, this home is ready to support any lifestyle. Situated on nearly a quarter-acre lot, there’s room to unwind and make memories. Don’t miss out on this ideal blend of comfort and style—contact us for a showing!

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$17,214

Expenses

-$3,064

Property Taxes

-$4,000

Loan Payments

-$11,960

Net Cash Flow

-$1,810

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:Clare Bowen
Agent License 2020028425
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eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2519949
Last Updated: 11/15/2024 14:11
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