103 N Charlotte StIndependenceMO64054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Independence at 103 N Charlotte St, Independence, MO, 64054 priced at $232,300 pairs $2,234/mo rent with $766/mo cash flow after a $1,137/mo payment. Total monthly income equals $2,234/mo, and annual cash flow comes to $9,189/yr on $77,007 invested. Return on cash invested is 31.84% in year one, and rental yield stands at 11.54% on a $232,300 basis. Equity gained on principal adds $1,499/yr, and 5% annual appreciation accumulates to $64,180 by year five. Five-year ROI measures 167.01% and total cumulative return in cash reaches $128,613. For financing, Ziffy Mortgage’s DSCR program evaluates $2,234/mo property income against a $1,137/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64054, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 964 (51.2%) |
| Renter Occupied HU | 679 (36.0%) |
| Vacant Housing Units | 241 (12.8%) |
| Median Home Value | $100,962 |
| Average Home Value | $142,770 |
Housing Distribution
Address Breakdown
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
92
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A