18901 E 6th St NIndependenceMO64056
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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 18901 E 6th St N, Independence, MO, 64056 earns $270/mo cash flow from $1,920/mo rent with a $1,297/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $3,238/yr on $87,814 capital. ROI tracks 23.6% on current figures, and rental yield reads 8.7% at a $264,900 purchase. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 over five years. Five-year ROI reaches 122.67% and total cumulative return in cash sums $107,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1969
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64056, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,252 (64.1%) |
| Renter Occupied HU | 2,000 (30.2%) |
| Vacant Housing Units | 380 ( 5.7%) |
| Median Home Value | $216,725 |
| Average Home Value | $233,841 |
Housing Distribution
Address Breakdown
Residential
6,647
Single Family
6,250
Multi-Family
397
Businesses
204
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Listed by: Kayla Mason • Wardell & Holmes Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578444