211 E Short Ave

Independence, MO 64050
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4 bd, 3 ba | 1,762 sqft | Built in 1900

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$1,580

Total Return

$111,542

Annualized Return

20.4%

Cap Rate

4.5%

Gross Yield

7.6%

Cash Flow

-$3,135

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,200

HOA

None

Flood Risk

Not Required

Welcome Home to this wonderful 2 story property... The home has been completely remodeled and ready for a new owner. The property has new appliances, flooring, paint inside and out, fixtures, and much more to offer. Huge backyard fenced with a large, detached garage which could fit in two cars with off street parking. Inside the home offers 3 bedrooms upstairs carpeted with the master bedroom with on suite bathroom and 2 bedrooms with a full bath. The main floor has new LVP with an extra bedroom or office and plenty of room for a kitchen table and large living room with a half bathroom. Kitchen has an eat in area first floor laundry and walk in pantry. The property is ready to go! Location is near downtown Independence with access to highways and plenty of shopping and great location.

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

Annual Financial Highlights

Expected Rent

$18,012

Expenses

-$3,206

Property Taxes

-$4,350

Loan Payments

-$13,591

Net Cash Flow

-$3,135

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:john wheeler
Agent License 2015001717
john wheeler
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2535815
Last Updated: 03/13/2025 17:03
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