318 E Walnut StIndependenceMO64050
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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
Investment property for sale in Independence at 318 E Walnut St, Independence, MO, 64050 at $125,000 posts ROI 26.06% with $212/mo cash flow from $991/mo rent. Total monthly income equals $991/mo, and annual cash flow records $2,548/yr on $41,438 to close. Return on cash invested measures 26.06% and rental yield reads 9.51% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 135.98% and total cumulative return in cash totals $56,345.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $991/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
9,148 sqft 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: Terri Gilgour • Weichert Realtors - Generations
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579539