1 Fairlane DrKirksvilleMO63501
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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 Kirksville at 1 Fairlane Dr, Kirksville, MO, 63501 generates $1,657/mo in rent and, after a $1,062/mo payment, leaves $306/mo in cash flow. Total monthly income is $1,657/mo, and annual cash flow is $3,668/yr on $71,936 invested. Return on cash invested sits at 25.01% in year one, and rental yield is 9.16% on a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 130.24% and total cumulative return in cash sums $93,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,657/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6,204 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63501, Kirksville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 4,540 (47.2%) |
| Renter Occupied HU | 3,763 (39.1%) |
| Vacant Housing Units | 1,316 (13.7%) |
| Median Home Value | $194,902 |
| Average Home Value | $241,019 |
Housing Distribution
Address Breakdown
Residential
8,945
Single Family
8,728
Multi-Family
217
Businesses
903
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Listed by: Mike Hatfield • CENTURY 21 Lifetime Realty
Mls Name: Northeast Central AOR
Mls Provider:
Mls ID: #41673
Disclaimer: Listing information is deemed reliable, but not guaranteed.