804 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 804 S Cedar Ave, Independence, MO, 64053 generates $1,088/mo in rent and, after a $616/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,088/mo, and annual cash flow is $3,650/yr on $41,736 invested. Return on cash invested sits at 28.65% in year one, and rental yield is 10.37% on a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 149.88% and total cumulative return in cash sums $62,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,088/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A