518 N Osage StIndependenceMO64050
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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 518 N Osage St, Independence, MO, 64050 with 5% annual appreciation on a $129,950 basis while $983/mo rent supports operations. Total monthly income totals $983/mo and a $636/mo payment preserves $174/mo for cash returns. Annual cash flow comes to $2,085/yr on $43,078 deployed, and return on cash invested reaches 24.75% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,903 alongside rental yield of 9.08%. Five-year ROI measures 128.86% and total cumulative return in cash totals $55,511.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $983/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
0.26 Acres 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: Sharp Homes Team • Epique Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2570859