115 N Arlington AveIndependenceMO64053
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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 115 N Arlington Ave, Independence, MO, 64053 with 5% annual appreciation on a $182,500 basis while $1,620/mo rent supports operations. Total monthly income totals $1,620/mo and a $893/mo payment preserves $484/mo for cash returns. Annual cash flow comes to $5,804/yr on $60,499 deployed, and return on cash invested reaches 29.5% in year one. Equity gained on principal adds $1,178/yr, and five-year appreciation sums $50,421 alongside rental yield of 10.65%. Five-year ROI measures 154.35% and total cumulative return in cash totals $93,382.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $893/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64053, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,235 (46.7%) |
| Renter Occupied HU | 1,076 (40.7%) |
| Vacant Housing Units | 333 (12.6%) |
| Median Home Value | $87,337 |
| Average Home Value | $136,152 |
Housing Distribution
Address Breakdown
Residential
2,424
Single Family
2,362
Multi-Family
62
Businesses
76
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Listed by: Mike Chitwood • United Real Estate Kansas City
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2588241