16524 E 53rd Terrace Ct 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 16524 E 53rd Terrace Ct S, Independence, MO, 64055 earns $326/mo cash flow from $1,914/mo rent with a $1,248/mo payment. Total monthly income totals $1,914/mo, and annual cash flow totals $3,912/yr on $84,533 capital. ROI tracks 24.54% on current figures, and rental yield reads 9.01% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 127.69% and total cumulative return in cash sums $107,936. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,914/mo property income instead of your personal income.
Single Family
Built in 1997
1,742 sqft lot
$N/A/sqft
No 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: Kimberly Killian • Realty Platinum Professionals
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597704