3 Bed 1 Bath in Independence, MO

🔥 Kansas City, MO Area Subto Deal – Turnkey ✌🏿

Seize this incredible Subto investment opportunity in Independence, MO 64050. This charming 3-bedroom, 1-bathroom home, built in 1959, offers 950 square feet of living space and a finished basement that can be converted into an additional bedroom and bathroom, creating a 4-bedroom, 2-bathroom home.

Property Details:

• Location: Independence, MO 64050
• Bedrooms: 3 (potential for 4)
• Bathrooms: 1 (potential for 2)
• Square Footage: 950 sq ft
• Year Built: 1959
• Basement: Finished, convertible to additional bedroom and bathroom
• HOA: None

Financial Details:

• Entry Fee: $22,89 + Closing Costs
• Remaining Mortgage Balance: $194,295
• Interest Rate: 5.875% (FHA Loan)
• PITI: $1,694.54/month

Utilities:

• Solar Panels: Fully paid off, resulting in very low utility costs

Investment Highlights:

• Turnkey Property: Ready for immediate rental or occupancy
• Potential Exits:
  • Short-Term Rental (STR)
  • Mid-Term Rental (MTR)
  • Wrap

This property offers a flexible investment with multiple potential exit strategies, ensuring robust cash flow possibilities. With the finished basement, you can increase the rental value by adding another bedroom and bathroom, making it even more attractive to tenants.

The absence of HOA fees and the benefit of fully paid-off solar panels further enhance the profitability of this investment by keeping monthly expenses low. This turnkey property is ideal for investors looking to enter the Kansas City market with minimal upfront costs and significant rental income potential.

Secure this opportunity with an entry fee of $17,829 plus closing costs and prepare to capitalize on the versatile rental options this property offers. Whether you opt for short-term rentals, mid-term rentals, or a wrap strategy, this Independence, MO home is poised to deliver strong returns.

Details

Property ID
SPSP-18397

Bedrooms
3

Bathroom
1

Property Size
950

Entry Cost ($)
22829

APR (%)
5.875

PITI ($)
1694