15603 E 42nd Ter SIndependenceMO64055
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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 15603 E 42nd Ter S, Independence, MO, 64055 listed at $226,000 pairs $1,999/mo rent with a $1,106/mo payment to leave $588/mo cash flow. Total monthly income runs $1,999/mo, and annual cash flow reaches $7,052/yr on $74,919 cash to close. Return on cash invested measures 29.32% in year one, and rental yield registers 10.61% at a $226,000 basis. Equity gained on principal adds $1,458/yr, and annual property appreciation at 5% supports $62,440 by year five. Five-year ROI tracks 153.4% and total cumulative return in cash totals $114,923. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,999/mo property income relative to a $1,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
10,019 sqft lot
$N/A/sqft
$4 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64055, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 10,769 (62.7%) |
| Renter Occupied HU | 5,295 (30.8%) |
| Vacant Housing Units | 1,117 ( 6.5%) |
| Median Home Value | $206,236 |
| Average Home Value | $233,102 |
Housing Distribution
Address Breakdown
Residential
16,269
Single Family
14,161
Multi-Family
2,108
Businesses
1,378
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Listed by: N/A • N/A
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