13504 Spruce AveGrandviewMO64030
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
Investment property for sale in Grandview at 13504 Spruce Ave, Grandview, MO, 64030 offers a 7.38% rental yield on a $234,000 purchase with $1,440/mo rent. 65% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 101.47% and total cumulative return in cash at $78,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64030, Grandview, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,714 (100%) |
| Owner Occupied HU | 5,376 (45.9%) |
| Renter Occupied HU | 5,407 (46.2%) |
| Vacant Housing Units | 931 ( 7.9%) |
| Median Home Value | $199,705 |
| Average Home Value | $229,515 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
10,536
Multi-Family
835
Businesses
1,023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices