604 W Broadway St

Higginsville, MO 64037
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3 bd, 2 ba | 1,848 sqft | Built in 1956

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,150

Total Return

$81,136

Annualized Return

18.0%

Cap Rate

4.3%

Gross Yield

6.4%

Cash Flow

-$2,862

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,196

HOA

None

Flood Risk

Not Required

This charming brick ranch home is ideally located near the city park, aquatic center, ball fields and schools. This lovely property boasts beautiful hardwood floors throughout and features a walkout basement that leads to a spacious backyard. Inside, you'll find a finished basement with a cozy family room and a versatile rec room, perfect for entertaining or relaxing. The outdoor space is a standout, offering a large backyard with a firepit, deck, and covered patio, providing ample room for outdoor activities and gatherings. The main level is host to 3 bedrooms, a large living room with floor to ceiling windows and a country style kitchen. If you're in search of a cozy yet spacious home in a prime location, don't miss out on this gem!

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

Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$2,334

Property Taxes

-$1,950

Loan Payments

-$11,689

Net Cash Flow

-$2,862

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:Monica Ritter
Agent License 2001029099
RE/MAX Central
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2483188
Last Updated: 04/20/2024 02:04
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.