107 & 109 S Oak Ridge TerIndependenceMO64054
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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
Investment property for sale in Independence at 107 & 109 S Oak Ridge Ter, Independence, MO, 64054 offers a 5.92% rental yield on a $225,000 purchase with $1,110/mo rent. 23% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 77.78% and total cumulative return in cash at $58,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1970
10,019 sqft 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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Listed by: Mike Cordell • Auben Realty MO, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582201