207 N Hawthorne AveIndependenceMO64053
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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
Rental property for sale in Independence at 207 N Hawthorne Ave, Independence, MO, 64053 priced at $135,000 pairs $1,077/mo rent with $236/mo cash flow after a $661/mo payment. Total monthly income equals $1,077/mo, and annual cash flow comes to $2,832/yr on $44,753 invested. Return on cash invested is 26.24% in year one, and rental yield stands at 9.57% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 136.83% and total cumulative return in cash reaches $61,237. For financing, Ziffy Mortgage’s DSCR program evaluates $1,077/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64053, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,235 (46.7%) |
| Renter Occupied HU | 1,076 (40.7%) |
| Vacant Housing Units | 333 (12.6%) |
| Median Home Value | $87,337 |
| Average Home Value | $136,152 |
Housing Distribution
Address Breakdown
Residential
2,424
Single Family
2,362
Multi-Family
62
Businesses
76
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Listed by: Spradling Group • EXP Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2570111