0 Boiling Springs Rd #32BLickingMO65542
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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 Licking at 0 Boiling Springs Rd #32B, Licking, MO, 65542 priced at $235,000 converts $1,438/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,438/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 7.34% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 100.79% and total cumulative return in cash sums $78,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,438/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in N/A
12.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65542, Licking, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,203 (100%) |
| Owner Occupied HU | 1,383 (62.8%) |
| Renter Occupied HU | 492 (22.3%) |
| Vacant Housing Units | 328 (14.9%) |
| Median Home Value | $176,696 |
| Average Home Value | $213,769 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
123
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Listed by: Dillon C Slaughter • RE/MAX Exclusive Properties
Mls Name: MARIS
Mls Provider:
Mls ID: #24041295
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