1223 N Pleasant StIndependenceMO64050
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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 1223 N Pleasant St, Independence, MO, 64050 offers a 9.45% rental yield on a $159,900 purchase with $1,259/mo rent. Total monthly income registers $1,259/mo, and a $783/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,154/yr on $53,007 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 134.82% and total cumulative return in cash at $71,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,259/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64050, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,285 (100%) |
| Owner Occupied HU | 4,850 (47.2%) |
| Renter Occupied HU | 4,367 (42.5%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $174,823 |
| Average Home Value | $230,234 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
8,460
Multi-Family
1,085
Businesses
580
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Listed by: Loughlin & Associates Team • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569033