812 N Union StIndependenceMO64050
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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 812 N Union St, Independence, MO, 64050 priced at $164,000 converts $1,260/mo rent into $238/mo cash flow after a $803/mo obligation. Total monthly income equals $1,260/mo, and annual cash flow totals $2,860/yr on $54,366 invested. Return on cash invested prints 25.17% in year one, and rental yield reads 9.22% against a $164,000 entry. Equity gained on principal adds $1,058/yr, while 5% annual appreciation compiles into $45,310 by year five. Five-year ROI reaches 131.17% and total cumulative return in cash sums $71,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $803/mo payment, not borrower’s personal income.
Single Family
Built in 1927
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64050, Independence, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,285 (100%) |
| Owner Occupied HU | 4,850 (47.2%) |
| Renter Occupied HU | 4,367 (42.5%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $174,823 |
| Average Home Value | $230,234 |
Housing Distribution
Address Breakdown
Residential
9,545
Single Family
8,460
Multi-Family
1,085
Businesses
580
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Listed by: Amy Arndorfer • Premium Realty Group LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584177