3703 S Kiger RdIndependenceMO64055
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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 3703 S Kiger Rd, Independence, MO, 64055 listed at $237,000 pairs $2,065/mo rent with a $1,160/mo payment to leave $589/mo cash flow. Total monthly income runs $2,065/mo, and annual cash flow reaches $7,068/yr on $78,566 cash to close. Return on cash invested measures 28.91% in year one, and rental yield registers 10.46% at a $237,000 basis. Equity gained on principal adds $1,529/yr, and annual property appreciation at 5% supports $65,479 by year five. Five-year ROI tracks 151.13% and total cumulative return in cash totals $118,736. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,065/mo property income relative to a $1,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64055, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 10,769 (62.7%) |
| Renter Occupied HU | 5,295 (30.8%) |
| Vacant Housing Units | 1,117 ( 6.5%) |
| Median Home Value | $206,236 |
| Average Home Value | $233,102 |
Housing Distribution
Address Breakdown
Residential
16,269
Single Family
14,161
Multi-Family
2,108
Businesses
1,378
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Listed by: N/A • N/A
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