1605 Hartford RdIndependenceMO64058
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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
Rental property for sale in Independence at 1605 Hartford Rd, Independence, MO, 64058 priced at $250,700 converts $2,180/mo rent into $488/mo cash flow after a $1,227/mo obligation. Total monthly income equals $2,180/mo, and annual cash flow totals $5,860/yr on $83,107 invested. Return on cash invested prints 26.96% in year one, and rental yield reads 10.43% against a $250,700 entry. Equity gained on principal adds $1,618/yr, while 5% annual appreciation compiles into $69,264 by year five. Five-year ROI reaches 141.42% and total cumulative return in cash sums $117,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,180/mo property income covering a $1,227/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7,405 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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Nearby investment properties with comparable prices
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