3921 S Delaware AveIndependenceMO64055
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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 3921 S Delaware Ave, Independence, MO, 64055 uses $73,593 cash to close to unlock $6,372/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,087/mo payment keeps the spread at $531/mo. Purchase price stands at $222,000, and rental yield measures 10.35% with $1,914/mo rent. Return on cash invested shows 28.57% in year one, and 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 149.3% and total cumulative return in cash records $109,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,087/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,373 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: Jordan Hall • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2576674