412 S Hocker AveIndependenceMO64050
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
Investment Highlights
Investment property for sale in Independence at 412 S Hocker Ave, Independence, MO, 64050 earns $695/mo cash flow from $1,718/mo rent with a $804/mo payment. Total monthly income totals $1,718/mo, and annual cash flow totals $8,341/yr on $54,432 capital. ROI tracks 35.23% on current figures, and rental yield reads 12.56% at a $164,200 purchase. Equity gained on principal adds $1,060/yr, and 5% annual appreciation supports $45,365 over five years. Five-year ROI reaches 185.14% and total cumulative return in cash sums $100,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,718/mo property income instead of your personal income.
Single Family
Built in 1900
5,483 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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A