2910 N River TerIndependenceMO64054
Nearby investment properties with comparable rents
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
Total monthly income runs $1,110/mo, and a $1,297/mo payment. Purchase price stands at $265,000, and rental yield measures 5.03% with $1,110/mo rent. Return on cash invested shows 12.53% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 63.33% and total cumulative return in cash records $55,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Multi Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64054, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 964 (51.2%) |
| Renter Occupied HU | 679 (36.0%) |
| Vacant Housing Units | 241 (12.8%) |
| Median Home Value | $100,962 |
| Average Home Value | $142,770 |
Housing Distribution
Address Breakdown
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Executive Asset Properties Group • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591758