1805 Davidson StIndependenceMO64058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1805 Davidson St, Independence, MO, 64058 offers a 11.92% rental yield on a $235,000 purchase with $2,334/mo rent. Total monthly income registers $2,334/mo, and a $1,150/mo payment leaves $871/mo available for distribution. Annual cash flow reaches $10,448/yr on $77,903 to close, and return on cash invested stands at 33.32% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 174.82% and total cumulative return in cash at $136,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,334/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.45 Acres 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: Jenny Clark • ReeceNichols - Eastland
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2570987