3870 Fairway Dr

Florissant, MO 63033
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4 bd, 2 ba | 1,876 sqft | Built in 1964

Sold

Exclusive

List Price
$153,700

Initial Investment

$39,240
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

10/01/2017

Lease End

06/30/2021

Lot Size

11,561

HOA

None

Flood Risk

Not Required

  • 6.0% cap rate with $8,500 in year one net cash flow
  • Close proximity to commuter routes
  • Family style 4/2 with 2-car garage
  • 3 star neighborhood

Buy It Now: Offers at list price include an American Home Shield home warranty.


See more in Analysis

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Annual Financial Highlights

Expected Rent

$15,105

Expenses

-$3,732

Property Taxes

-$3,000

Loan Payments

-$6,187

Net Cash Flow

$2,186

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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