1524 N Geronimo DrIndependenceMO64058
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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 1524 N Geronimo Dr, Independence, MO, 64058 uses $59,173 cash to close to unlock $7,104/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $874/mo payment keeps the spread at $592/mo. Purchase price stands at $178,500, and rental yield measures 11.46% with $1,704/mo rent. Return on cash invested shows 31.91% in year one, and 5% annual appreciation builds toward $49,316 over five years. Five-year ROI reaches 167.25% and total cumulative return in cash records $98,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $874/mo payment rather than investor’s personal income.
Single Family
Built in 1966
9,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64058, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,518 (100%) |
| Owner Occupied HU | 1,960 (77.8%) |
| Renter Occupied HU | 435 (17.3%) |
| Vacant Housing Units | 123 ( 4.9%) |
| Median Home Value | $250,000 |
| Average Home Value | $273,040 |
Housing Distribution
Address Breakdown
Residential
2,503
Single Family
2,503
Multi-Family
0
Businesses
85
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Listed by: Chip Thompson • Realty Professionals Heartland
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579593