3017 Iva Dr

Independence, MO 64057
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3 bd, 2 ba | 1,801 sqft | Built in 1975

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List Price
$245,000

Initial Investment

$66,763

Purchase Price

$245,000

Down Payment

25%

Rent

$1,760

Total Return

$118,057

Annualized Return

22.3%

Cap Rate

5.3%

Gross Yield

8.6%

Cash Flow

-$1,077

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,815

HOA

None

Flood Risk

Not Required

Discover this 3-bedroom, 2-bathroom home at 3017 Iva Dr in Independence, Missouri. With renovations completed five years ago, the house offers a practical layout and modern updates that make for comfortable living. The kitchen and bathrooms have seen improvements, while the living spaces provide enough room for everyday needs. The backyard gives you some outdoor space to enjoy, and the location offers convenient access to local amenities. This home is move-in ready and provides a comfortable, low-maintenance option for those seeking a well-kept property in a convenient location.

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

Annual Financial Highlights

Expected Rent

$20,064

Expenses

-$3,571

Property Taxes

-$4,250

Loan Payments

-$13,319

Net Cash Flow

-$1,077

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:Jason Rains
Agent License 2016043988
RE/MAX Elite, REALTORS
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2516320
Last Updated: 10/22/2024 09:10
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