Investor opportunity with immediate rental income and future upside! This tenant-occupied 3-bedroom, 2-bath all-electric ranch offers approximately 1,400 square feet of living space on a spacious 12,228 sq. ft. lot with a large fenced backyard. Built in 1997, the property is currently leased through February 2027 at $1,365 per month, providing established rental income from day one. The home does need a new roof, with a contractor estimate of approximately $10,000 available; this anticipated expense has already been considered in the asking price. Beyond the roof, the primary value-add opportunity is cosmetic, with new flooring and paint offering potential to increase rental appeal and income after the current lease expires. Preliminary estimates suggest potential future rent of approximately $1,450–$1,500 per month following updates, subject to market conditions and buyer verification. Offered at $174,900, this property provides investors an opportunity to purchase below recent comparable sales while acquiring an established rental with potential for long-term appreciation and future income growth. Please do not disturb the tenant. Showings by appointment with adequate notice.
Based on the average sale price from the Lee's Summit, MO office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
73 Nw 291st Road Centerview, MO is a Single Family Home for sale at $174900 with 1401 sqft and a lot size of 0.280716 Acres Acre(s). 73 Nw 291st Road Centerview has 3 bedrooms, 2 baths and was built in 1997. The property's zip code is 64019 which is in Centerview, MO
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.