534 S Evanston AveIndependenceMO64053
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 534 S Evanston Ave, Independence, MO, 64053 at $139,900 posts ROI 25.15% with $202/mo cash flow from $1,074/mo rent. Total monthly income equals $1,074/mo, and annual cash flow records $2,430/yr on $46,377 to close. Return on cash invested measures 25.15% and rental yield reads 9.21% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 131.04% and total cumulative return in cash totals $60,771.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,074/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
6,682 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64053, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,235 (46.7%) |
| Renter Occupied HU | 1,076 (40.7%) |
| Vacant Housing Units | 333 (12.6%) |
| Median Home Value | $87,337 |
| Average Home Value | $136,152 |
Housing Distribution
Address Breakdown
Residential
2,424
Single Family
2,362
Multi-Family
62
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micah Thomas • Lutz Sales + Investments
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578996