601 Pearl AveIndependenceKS67301
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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 601 Pearl Ave, Independence, KS, 67301 at $236,000 posts ROI 10.95% with from $986/mo rent. Total monthly income equals $986/mo. Return on cash invested measures 10.95% and rental yield reads 5.01% at the current $236,000. Equity gained on principal adds $1,523/yr, and 5% annual appreciation supports $65,202 by year five. Five-year ROI prints 55.47% and total cumulative return in cash totals $43,398. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $986/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67301, Independence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,975 (100%) |
| Owner Occupied HU | 3,459 (57.9%) |
| Renter Occupied HU | 1,535 (25.7%) |
| Vacant Housing Units | 981 (16.4%) |
| Median Home Value | $143,820 |
| Average Home Value | $161,490 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,183
Multi-Family
197
Businesses
634
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Nearby investment properties with comparable prices
Listed by: Todd Young • Bill White Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584910