212 S Titus Ave

Excelsior Springs, MO 64024
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3 bd, 3 ba | 3,124 sqft | Built in 1960

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List Price
$278,000

Initial Investment

$75,755

Purchase Price

$278,000

Down Payment

25%

Rent

$1,680

Total Return

$120,405

Annualized Return

19.9%

Cap Rate

4.4%

Gross Yield

7.3%

Cash Flow

-$3,671

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

23,522

HOA

None

Flood Risk

Not Required

Welcome to your next home! This spacious ranch-style residence offers around 3,000 square feet of finished living space, sitting on a large corner lot with beautiful mature trees. Located in Excelsior Springs, you’ll have easy access to all local amenities. Inside, the main level features three generous bedrooms, including a master suite with a master bathroom. The other two large bedrooms share a well-appointed full bathroom in the hallway. The expansive living area is inviting, with built-in cabinets and a cozy fireplace—perfect for family gatherings. The kitchen is designed for cooking and entertaining, with ample space for multiple chefs, and the dining room can comfortably hold a large table for dinner parties. A standout feature is the converted garage, now a spacious entertainment area that provides a great retreat from the main home. Downstairs, enjoy a full-size bar area with a fireplace and included pool table for ultimate relaxation. There’s also a non-conforming bedroom and a thoughtfully designed workshop. The basement walks out to a backyard featuring a three-car detached garage and a privacy fence, creating a serene outdoor space. Two additional sheds offer extra storage for your hobbies. Plus, a generator ensures you stay powered during outages. Don’t miss this fantastic opportunity to own a large ranch home in a prime location!

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

Annual Financial Highlights

Expected Rent

$19,152

Expenses

-$3,409

Property Taxes

-$4,300

Loan Payments

-$15,114

Net Cash Flow

-$3,671

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:Manley Home Team
RE/MAX Area Real Estate
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2518968
Last Updated: 11/08/2024 19:11
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