1311 W Kentucky AveIndependenceMO64054
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
Investment Highlights
Rental property for sale in Independence at 1311 W Kentucky Ave, Independence, MO, 64054 priced at $243,300 converts $2,767/mo rent into $1,252/mo cash flow after a $1,191/mo obligation. Total monthly income equals $2,767/mo, and annual cash flow totals $15,019/yr on $80,654 invested. Return on cash invested prints 38.53% in year one, and rental yield reads 13.65% against a $243,300 entry. Equity gained on principal adds $1,570/yr, while 5% annual appreciation compiles into $67,219 by year five. Five-year ROI reaches 202.77% and total cumulative return in cash sums $163,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,767/mo property income covering a $1,191/mo payment, not borrower’s personal income.
Single Family
Built in 1941
8,738 sqft 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: N/A • N/A
Mls Name: ReeceNichols Real Estate
Mls Provider:
Mls ID: #2509162