2981 N 57th St

Kansas City, KS 66104
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3 bd, 2 ba | 2,040 sqft | Built in 1960

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,380

Total Return

$107,062

Annualized Return

22.1%

Cap Rate

4.5%

Gross Yield

7.7%

Cash Flow

-$2,657

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,761

HOA

None

Flood Risk

Not Required

HUGE PRICE CHANGE!!! Great opportunity to increase property value by simple cosmetic updates. Same owner for several decades. Many unique and charming features found in a 65 year old home. Seller is selling as is and intends to make no repairs, so In Its Present Condition is appreciated. Come and take a look at all this potential!

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

Annual Financial Highlights

Expected Rent

$15,732

Expenses

-$2,800

Property Taxes

-$3,900

Loan Payments

-$11,689

Net Cash Flow

-$2,657

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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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2542922
Last Updated: 04/20/2025 18:04
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