641 S Arlington 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
Rental property for sale in Independence at 641 S Arlington Ave, Independence, MO, 64053 priced at $170,000 pairs $1,279/mo rent with $220/mo cash flow after a $832/mo payment. Total monthly income equals $1,279/mo, and annual cash flow comes to $2,644/yr on $56,355 invested. Return on cash invested is 24.6% in year one, and rental yield stands at 9.03% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 128.12% and total cumulative return in cash reaches $72,201. For financing, Ziffy Mortgage’s DSCR program evaluates $1,279/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.33 Acres 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: Harry Meierarend IV • RE/MAX Premier Properties
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589946