549 S Cedar AveIndependenceMO64053
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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
Rental property for sale in Independence at 549 S Cedar Ave, Independence, MO, 64053 priced at $144,900 converts $960/mo rent into $58/mo cash flow after a $709/mo obligation. Total monthly income equals $960/mo, and annual cash flow totals $694/yr on $48,034 invested. Return on cash invested prints 21.35% in year one, and rental yield reads 7.95% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 110.65% and total cumulative return in cash sums $53,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 1930
7,042 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
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Listed by: Brad Korn • EXP Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2570192