3004 S Norton Ave

Independence, MO 64052
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3 bd, 2 ba | 1,416 sqft | Built in 1960

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List Price
$179,000

Initial Investment

$48,778

Purchase Price

$179,000

Down Payment

25%

Rent

$1,390

Total Return

$75,805

Annualized Return

20.4%

Cap Rate

5.4%

Gross Yield

9.3%

Cash Flow

-$683

Appreciation

7.7%
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Features

Lot Size

10,518

HOA

None

Flood Risk

High Risk - Zone AE

Beautifully updated home in Independence! This home features large three bedrooms and two full bathrooms in a beautiful ranch with all first floor living; yes, laundry is in first floor! The house features large living room leading to the big dining room that leads to the family room. Down the hallway is the main bathroom and two bedrooms. Down from the dining room is the family room, laundry room, master bedroom with large closets, large full bathroom and exit to the yard. The kitchen is nicely updated and leads to the garage. Lower level is partially finished and it is super large and could accommodate two extra bedrooms, bathroom, and still you have a great space for extra living space or a man cave. Updates include interior and exterior paint, water proofing, wood rot repair, and much more.

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

Expected Rent

$15,846

Expenses

-$3,648

Property Taxes

-$3,150

Loan Payments

-$9,731

Net Cash Flow

-$683

See more in Financials

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.
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Property Management

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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:Riyad Naser
Agent License 2014027950
Keller Williams Platinum Prtnr
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2423529
Last Updated: 03/18/2023 06:03
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