3200 HICKORY ST

HIGGINSVILLE, MO 64037
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3 bd, 2 ba | 1,896 sqft | Built in 1963

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,758

Total Return

$110,502

Annualized Return

25.0%

Cap Rate

7.1%

Gross Yield

9.8%

Cash Flow

$2,669

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,939

HOA

None

Flood Risk

Not Required

Great ranch home sitting on amazing huge lot! Exterior vinyl siding and thermal windows. 3 bedroom/2 baths. Full basement with family room and lots of storage. Oversized yard with shed for additional storage. Main floor laundry. Great solid home with great bones, already has had many updates - needs some TLC so bring your vision and a little elbow grease and build some fast equity in this beauty! Seller is selling "As Is". Prime location-within walking distance to the school campus, aquatics center, tennis courts, walking track and Fairground Park. CASH ONLY SELLER MUST CLOSE BY 4/25/25

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$20,037

Expenses

-$3,729

Property Taxes

-$1,950

Loan Payments

-$11,689

Net Cash Flow

$2,669

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:Cathy Tully
Agent License 2017017362
United Real Estate Kansas City
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2541250
Last Updated: 04/11/2025 23:04
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