2023 N Ethan LnIndependenceMO64058
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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 2023 N Ethan Ln, Independence, MO, 64058 earns from $2,334/mo rent with a $2,031/mo payment. Total monthly income totals $2,334/mo. ROI tracks 17.73% on current figures, and rental yield reads 6.75% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 91.18% and total cumulative return in cash sums $125,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,334/mo property income instead of your personal income.
Single Family
Built in 2004
7,840 sqft 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: Nelson Group • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579109