1624 Independence DrJefferson CityMO65109
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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 Jefferson City at 1624 Independence Dr, Jefferson City, MO, 65109 generates $2,441/mo in rent and, after a $1,463/mo payment, leaves $579/mo in cash flow. Total monthly income is $2,441/mo, and annual cash flow is $6,952/yr on $99,119 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 9.8% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 140.52% and total cumulative return in cash sums $139,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65109, Jefferson City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,371 (100%) |
| Owner Occupied HU | 11,429 (62.2%) |
| Renter Occupied HU | 5,698 (31.0%) |
| Vacant Housing Units | 1,244 ( 6.8%) |
| Median Home Value | $244,431 |
| Average Home Value | $264,112 |
Housing Distribution
Address Breakdown
Residential
18,067
Single Family
16,948
Multi-Family
1,119
Businesses
1,395
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Listed by: Derek Eisenberg • Continental Real Estate Group, Inc.
Mls Name: NY State MLS
Mls ID: #11629209