2309 N 22nd St

Kansas City, KS 66104
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3 bd, 3 ba | 3,160 sqft | Built in 1950

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List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$1,500

Total Return

$113,537

Annualized Return

21.4%

Cap Rate

4.2%

Gross Yield

7.7%

Cash Flow

-$3,560

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,505

HOA

None

Flood Risk

Not Required

Discover the comfort and convenience of this well maintained ranch-style home, nestled on a generous 1/3 acre lot. This property features a fully finished basement complete with mother-in-law quarters, providing flexibility and privacy for guests or extended family.
Step inside to a warm and inviting atmosphere highlighted by an elegant brick veneer exterior. The home offers a spacious layout with an open-plan living area that seamlessly connects to the dining and kitchen spaces, perfect for entertaining.
Indulge in the luxurious hot tub for relaxing evenings, and benefit from a large two-car garage that provides ample storage and convenience. The expansive yard offers plenty of space for gardening and outdoor activities in a serene neighborhood setting.
This turnkey property is more than just a home—it's a lifestyle, promising the perfect blend of comfort and convenience.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$3,634

Property Taxes

-$4,250

Loan Payments

-$12,776

Net Cash Flow

-$3,560

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:Lem Coleman
EXP Realty LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2485726
Last Updated: 05/06/2024 21:05
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