2972 Iva Dr,Independence,MO,64057

Investment Highlights

Investment property for sale in Independence at 2972 Iva Dr, Independence, MO, 64057 offers a 8.37% rental yield on a $245,000 purchase with $1,709/mo rent. Total monthly income registers $1,709/mo, and a $1,199/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,200/yr on $81,218 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 117.46% and total cumulative return in cash at $95,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,709/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.