2317 S Scott AveIndependenceMO64050
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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
Rental property for sale in Independence at 2317 S Scott Ave, Independence, MO, 64050 priced at $194,500 pairs $1,735/mo rent with $524/mo cash flow after a $952/mo payment. Total monthly income equals $1,735/mo, and annual cash flow comes to $6,284/yr on $64,477 invested. Return on cash invested is 29.66% in year one, and rental yield stands at 10.7% on a $194,500 basis. Equity gained on principal adds $1,255/yr, and 5% annual appreciation accumulates to $53,737 by year five. Five-year ROI measures 155.2% and total cumulative return in cash reaches $100,065. For financing, Ziffy Mortgage’s DSCR program evaluates $1,735/mo property income against a $952/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64050, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,285 (100%) |
| Owner Occupied HU | 4,850 (47.2%) |
| Renter Occupied HU | 4,367 (42.5%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $174,823 |
| Average Home Value | $230,234 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
8,460
Multi-Family
1,085
Businesses
580
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Listed by: N/A • N/A
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