435 N Queen Ridge AveIndependenceMO64056
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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 435 N Queen Ridge Ave, Independence, MO, 64056 with 5% annual appreciation on a $256,100 basis while $2,129/mo rent supports operations. Total monthly income totals $2,129/mo and a $1,253/mo payment preserves $523/mo for cash returns. Annual cash flow comes to $6,276/yr on $84,897 deployed, and return on cash invested reaches 27.3% in year one. Equity gained on principal adds $1,653/yr, and five-year appreciation sums $70,756 alongside rental yield of 9.98%. Five-year ROI measures 142.65% and total cumulative return in cash totals $121,109.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,129/mo property income versus a $1,253/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64056, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,252 (64.1%) |
| Renter Occupied HU | 2,000 (30.2%) |
| Vacant Housing Units | 380 ( 5.7%) |
| Median Home Value | $216,725 |
| Average Home Value | $233,841 |
Housing Distribution
Address Breakdown
Residential
6,647
Single Family
6,250
Multi-Family
397
Businesses
204
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