2011 N Hines 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
Investment property for sale in Independence at 2011 N Hines Rd, Independence, MO, 64058 uses $76,245 cash to close to unlock $1,852/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,587/mo, and a $1,126/mo payment keeps the spread at $154/mo. Purchase price stands at $230,000, and rental yield measures 8.28% with $1,587/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash records $88,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,587/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.43 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: Penny Thurman • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2564364