11710 E 40th St SIndependenceMO64052
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 11710 E 40th St S, Independence, MO, 64052 in Independence, $229,500, 7.53% gross yield, $11/mo net income. Consider it a market-entry position, the $1,440/mo rent covers the $1,032/mo payment with a margin, and 5%/yr appreciation is projected to add $63,407 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.40) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $87,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.0% |
| Monthly Cash Flow | $11 | $400 |
City averages based on Independence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,338 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64052, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,126 (100%) |
| Owner Occupied HU | 5,630 (55.6%) |
| Renter Occupied HU | 3,452 (34.1%) |
| Vacant Housing Units | 1,044 (10.3%) |
| Median Home Value | $153,381 |
| Average Home Value | $205,882 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
9,184
Multi-Family
361
Businesses
328
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
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64052, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,126 (100%) |
| Owner Occupied HU | 5,630 (55.6%) |
| Renter Occupied HU | 3,452 (34.1%) |
| Vacant Housing Units | 1,044 (10.3%) |
| Median Home Value | $153,381 |
| Average Home Value | $205,882 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
9,184
Multi-Family
361
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Kurzweil • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2574119