2850 Mersington Ave

Kansas City, MO 64128
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3 bd, 2 ba | 1,382 sqft | Built in 1920

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List Price
$159,950

Initial Investment

$43,586

Purchase Price

$159,950

Down Payment

25%

Rent

$1,170

Total Return

$77,452

Annualized Return

22.4%

Cap Rate

5.4%

Gross Yield

8.8%

Cash Flow

-$632

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,093

HOA

None

Flood Risk

Not Required

Welcome to your new home in this beautifully renovated raised 1.5-story house located on a tranquil street! Almost everything is brand new, featuring refinished hardwood floors and fresh paint both inside and out. Step into the spacious living room, which flows into a formal dining area that accommodates all your guests! The updated kitchen boasts new stainless steel appliances and ample cabinet storage. The expansive primary bedroom on the second floor includes a new full bath and a walk-in closet, creating a personal retreat for relaxation. Two additional bedrooms on the main level offer plenty of space for your family! The exterior showcases a brand new roof and fresh paint. Enjoy the outdoors on the charming covered front porch or in the expansive, peaceful backyard! With excellent highway access, you can reach any part of the city in just minutes! Don't let this wonderful opportunity slip away!

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

Annual Financial Highlights

Expected Rent

$13,338

Expenses

-$2,374

Property Taxes

-$2,900

Loan Payments

-$8,696

Net Cash Flow

-$632

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:Chris Austin
Agent License SP00222957
Keller Williams Plaza Partners
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2535814
Last Updated: 03/14/2025 09:03
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