12400 E 39th Ter S #10IndependenceMO64055
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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 12400 E 39th Ter S #10, Independence, MO, 64055 offers a 13.84% rental yield on a $190,600 purchase with $2,198/mo rent. Total monthly income registers $2,198/mo, and a $933/mo payment leaves $1,011/mo available for distribution. Annual cash flow reaches $12,130/yr on $63,184 to close, and return on cash invested stands at 39.11% in year one. Equity gained on principal adds $1,230/yr while 5% annual appreciation supports $52,659 over five years. Portfolio math shows five-year ROI at 205.85% and total cumulative return in cash at $130,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,198/mo property income against a $933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
2,116 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64055, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 10,769 (62.7%) |
| Renter Occupied HU | 5,295 (30.8%) |
| Vacant Housing Units | 1,117 ( 6.5%) |
| Median Home Value | $206,236 |
| Average Home Value | $233,102 |
Housing Distribution
Address Breakdown
Residential
16,269
Single Family
14,161
Multi-Family
2,108
Businesses
1,378
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