107 & 109 S Oak Ridge TerIndependenceMO64054
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 107 & 109 S Oak Ridge Ter, Independence, MO, 64054 in Independence worth study. Rental yield 5.92%. The 5.92% gross yield is below cash-flow benchmarks at $225,000, but 5% annual appreciation, adding $62,163 over five years, frames this as a capital growth position. Rent of $1,110/mo partially offsets the $1,012/mo payment. Ziffy Mortgage finances appreciation-play properties (1.10 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $66,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 7.0% |
| Monthly Cash Flow | $(291) | $400 |
City averages based on Independence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,110 |
| Total Monthly Debt Service | $1,312 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Cordell • Auben Realty MO, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582201