800 E Manor RdIndependenceMO64055
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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 800 E Manor Rd, Independence, MO, 64055 priced at $275,000 converts $2,273/mo rent into $560/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,273/mo, and annual cash flow totals $6,724/yr on $91,163 invested. Return on cash invested prints 27.28% in year one, and rental yield reads 9.92% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 142.48% and total cumulative return in cash sums $129,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,273/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1937
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64055, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,181 (100%) |
| Owner Occupied HU | 10,769 (62.7%) |
| Renter Occupied HU | 5,295 (30.8%) |
| Vacant Housing Units | 1,117 ( 6.5%) |
| Median Home Value | $206,236 |
| Average Home Value | $233,102 |
Housing Distribution
Address Breakdown
Residential
16,269
Single Family
14,161
Multi-Family
2,108
Businesses
1,378
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Listed by: Linda Pringle • RE/MAX Elite, REALTORS
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578735