3608 N Pleasant StIndependenceMO64050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3608 N Pleasant St, Independence, MO, 64050 in Independence speaks for itself: 12.05% gross on a $232,700 price, generating $2,338/mo in rent and $888/mo in net income after the $1,046/mo debt service. DSCR 2.24, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,661 stacks alongside $64,291 in projected five-year appreciation and $2,143/yr in principal reduction. Projected total cumulative return: $145,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 7.0% |
| Monthly Cash Flow | $888 | $400 |
City averages based on Independence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,338 |
| Total Monthly Debt Service | $1,357 |
| DSCR Ratio | 1.72x |
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.
Single Family
Built in 1959
9,814 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
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
Single Family
Built in 1959
9,814 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A