1103 S Crisp AveIndependenceMO64054
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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 1103 S Crisp Ave, Independence, MO, 64054 uses $56,024 cash to close to unlock $11,132/yr annual cash flow and $928/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $827/mo payment keeps the spread at $928/mo. Purchase price stands at $169,000, and rental yield measures 14.06% with $1,980/mo rent. Return on cash invested shows 39.78% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 209.45% and total cumulative return in cash records $117,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.32 Acres 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: The Fisher Hiles Team • ReeceNichols - Country Club Plaza
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579616