3614 S Harvard 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 3614 S Harvard Ave, Independence, MO, 64052 uses $88,643 cash to close to unlock $11,118/yr annual cash flow and $926/mo monthly cash flow. Total monthly income runs $2,592/mo, and a $1,309/mo payment keeps the spread at $926/mo. Purchase price stands at $267,400, and rental yield measures 11.63% with $2,592/mo rent. Return on cash invested shows 32.45% in year one, and 5% annual appreciation builds toward $73,878 over five years. Five-year ROI reaches 170.18% and total cumulative return in cash records $150,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,592/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 1967
10,019 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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