1313 S Clark AveIndependenceMO64057
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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 1313 S Clark Ave, Independence, MO, 64057 uses $59,339 cash to close to unlock $3,760/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,428/mo, and a $876/mo payment keeps the spread at $313/mo. Purchase price stands at $179,000, and rental yield measures 9.57% with $1,428/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 136.93% and total cumulative return in cash records $81,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,428/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1973
6,970 sqft lot
$N/A/sqft
No HOA
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Listed by: Alex Shoaee • One Roof Realty LLC
Mls Name: HKMMLS as distributed by MLS GRID
Mls ID: #2562654