3407 S Claremont 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 3407 S Claremont Ave, Independence, MO, 64052 uses $60,830 cash to close to unlock $3,407/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $898/mo payment keeps the spread at $284/mo. Purchase price stands at $183,499, and rental yield measures 9.42% with $1,440/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $50,697 over five years. Five-year ROI reaches 133.02% and total cumulative return in cash records $80,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $898/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,534 sqft 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: Todd Bertz • United Real Estate Kansas City
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2555769
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-13 10:48:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604