1508 Columbia Ave

Leavenworth, KS 66048
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3 bd, 2 ba | 1,028 sqft | Built in 1940

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List Price
$164,950

Initial Investment

$44,949

Purchase Price

$164,950

Down Payment

25%

Rent

$1,030

Total Return

$52,035

Annualized Return

15.4%

Cap Rate

4.0%

Gross Yield

7.5%

Cash Flow

-$2,839

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,633

HOA

None

Flood Risk

Not Required

Perfect starter home! Come relax on your new covered front porch! Don't miss this cozy 3 bed, 1.5 bath bungalow in the heart of town. New roof & newer appliances. The home features original built-ins. Close to shopping, restaurants, and K-7 access. Home is one level, easy maintenance, and move in ready!

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$2,614

Property Taxes

-$3,000

Loan Payments

-$8,968

Net Cash Flow

-$2,839

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:Kadie Belshe
Agent License SP00241136
United Real Estate Kansas City
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2485876
Last Updated: 05/05/2024 22:05
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.