23506 E 10th St SIndependenceMO64056
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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
Total monthly income runs $1,920/mo, and a $2,064/mo payment. Purchase price stands at $421,700, and rental yield measures 5.46% with $1,920/mo rent. Return on cash invested shows 13.85% in year one, and 5% annual appreciation builds toward $116,508 over five years. Five-year ROI reaches 70.38% and total cumulative return in cash records $98,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $2,064/mo payment rather than investor’s personal income.
Single Family
Built in 2021
4,412 sqft 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: Mindy Capehart • Home Team LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2583793