3011 Cedar Crest Dr APT BIndependenceMO64057
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 3011 Cedar Crest Dr APT B, Independence, MO, 64057 in Independence. At $250,000 it earns $2,196/mo in rent and distributes $379/mo to the owner after the $1,124/mo payment, a consistent 10.54% yield. DSCR 1.95 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $69,070 in value; $2,303/yr in principal paydown compounds ownership stake. Total projected return: $135,985.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.0% |
| Monthly Cash Flow | $379 | $400 |
City averages based on Independence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,196 |
| Total Monthly Debt Service | $1,457 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
2,261 sqft lot
$N/A/sqft
No HOA
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
Townhouse
Built in 1987
2,261 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krystle Espinoza • BHG Kansas City Homes
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2599098