1510 Harvard AveIndependenceMO64052
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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 1510 Harvard Ave, Independence, MO, 64052 earns $203/mo cash flow from $1,436/mo rent with a $969/mo payment. Total monthly income totals $1,436/mo, and annual cash flow totals $2,438/yr on $65,604 capital. ROI tracks 23.62% on current figures, and rental yield reads 8.71% at a $197,900 purchase. Equity gained on principal adds $1,277/yr, and 5% annual appreciation supports $54,676 over five years. Five-year ROI reaches 122.88% and total cumulative return in cash sums $80,613. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,436/mo property income instead of your personal income.
Multi Family
Built in 1956
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64052, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,126 (100%) |
| Owner Occupied HU | 5,630 (55.6%) |
| Renter Occupied HU | 3,452 (34.1%) |
| Vacant Housing Units | 1,044 (10.3%) |
| Median Home Value | $153,381 |
| Average Home Value | $205,882 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
9,184
Multi-Family
361
Businesses
328
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Listed by: Thomas Latta • Latta Real Estate Service, Inc
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569718