3228 S Cedar AveIndependenceMO64052
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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 3228 S Cedar Ave, Independence, MO, 64052 listed at $165,000 pairs $1,272/mo rent with a $808/mo payment to leave $244/mo cash flow. Total monthly income runs $1,272/mo, and annual cash flow reaches $2,928/yr on $54,698 cash to close. Return on cash invested measures 25.26% in year one, and rental yield registers 9.25% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 131.61% and total cumulative return in cash totals $71,987. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,272/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64052, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,126 (100%) |
| Owner Occupied HU | 5,630 (55.6%) |
| Renter Occupied HU | 3,452 (34.1%) |
| Vacant Housing Units | 1,044 (10.3%) |
| Median Home Value | $153,381 |
| Average Home Value | $205,882 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
9,184
Multi-Family
361
Businesses
328
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Listed by: Michael Diggs • Realty Executives
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591461