916 S Delaware St

Independence, MO 64050
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3 bd, 1 ba | 1,053 sqft | Built in 1950

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List Price
$166,000

Initial Investment

$45,235

Purchase Price

$166,000

Down Payment

25%

Rent

$1,000

Total Return

$71,028

Annualized Return

19.5%

Cap Rate

4.1%

Gross Yield

7.2%

Cash Flow

-$2,654

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,619

HOA

None

Flood Risk

Not Required

If you're looking for the perfect starter home, look no further, this one is it! Complete rehab done just 3 years ago, this one is ready to go! New windows, laminate flooring, tile work, insulation, electrical and custom cabinets all completed just 3 years ago. One level living, right in the heart of Independence. Wood Burning fireplace for those cozy winter nights and a covered back patio for summer cookouts complete with fully fenced yard so the dogs can run and play! The perfect place to start your journey, come check it out today!!!

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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

$11,400

Expenses

-$2,029

Property Taxes

-$3,000

Loan Payments

-$9,025

Net Cash Flow

-$2,654

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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Similar Listings



Listing Courtesy of:Lindsay Gates
Agent License 2015019893
RE/MAX Premier Properties
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2519826
Last Updated: 11/14/2024 11:11
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.