4120 S Cottage 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 4120 S Cottage Ave, Independence, MO, 64055 offers a 10.21% rental yield on a $225,000 purchase with $1,914/mo rent. Total monthly income registers $1,914/mo, and a $1,101/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,156/yr on $74,588 to close, and return on cash invested stands at 28.16% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 147.13% and total cumulative return in cash at $109,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,914/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,841 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: Jeannette O'Dell • Northpoint Asset Management
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595227