6208 Tracy Ave

Kansas City, MO 64110
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3 bd, 1 ba | 1,258 sqft | Built in 1924

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List Price
$179,950

Initial Investment

$49,036

Purchase Price

$179,950

Down Payment

25%

Rent

$1,350

Total Return

$93,244

Annualized Return

23.7%

Cap Rate

5.6%

Gross Yield

9.0%

Cash Flow

-$383

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,864

HOA

None

Flood Risk

Not Required

Welcome to your new home at 6208 Tracy Ave! This beautifully renovated property perfectly blends modern amenities and classic charm. Situated in a convenient location in Kansas City, MO, just minutes from Rockhurst University, Research Medical Hospital, VA hospital, UMKC, KUMed. This house can be a great first home or used for midterm/long-term rentals. The home features spacious and comfortable living spaces for you and your family. Windows throughout flood the space with natural sunlight, creating a bright and inviting atmosphere. Enjoy the convenience and security of off-street parking right in your backyard. The bonus room is a versatile space ideal for a home office, playroom, or additional living area. The new kitchen and bathroom offer modern functionality and style.

Move-In Ready: No need to wait – this home is ready for you to move in and start making memories.

Don't miss out on this fantastic opportunity to own a fully updated home in a great location. Schedule your viewing today!

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$2,740

Property Taxes

-$3,250

Loan Payments

-$9,783

Net Cash Flow

-$383

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.

Similar Listings



Listing Courtesy of:Janet Chou
Agent License SP00241206
Janet Chou
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2483132
Last Updated: 04/21/2024 21:04
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