3229 S Trail Ridge Dr

Independence, MO 64055
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3 bd, 2 ba | 912 sqft | Built in 1961

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List Price
$180,000

Initial Investment

$49,050

Purchase Price

$180,000

Down Payment

25%

Rent

$1,270

Total Return

$70,227

Annualized Return

19.1%

Cap Rate

5.2%

Gross Yield

8.5%

Cash Flow

-$985

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,417

HOA

None

Flood Risk

Not Required

*Selling As IS*
Step into a world of potential with this three bedroom, two bathroom home perfectly situated in the heart of Independence. Just one block away from neighborhood park and within 5 minutes of Elementary School. This home offers great curb appeal and located on a large corner lot. Don't miss the chance to make this house your home, where every day offers a new possibility to create, explore, and simply enjoy life in a community that feels just right.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$14,478

Expenses

-$2,577

Property Taxes

-$3,100

Loan Payments

-$9,786

Net Cash Flow

-$985

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:Nicole Gaage
Agent License 2022028993
Keller Williams Platinum Prtnr
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2519328
Last Updated: 11/11/2024 07:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.