1002 N 9th StSaint JosephMO64501
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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 Saint Joseph at 1002 N 9th St, Saint Joseph, MO, 64501 generates $1,247/mo in rent and, after a $978/mo payment, leaves $2/mo in cash flow. Total monthly income is $1,247/mo, and annual cash flow is $30/yr on $66,267 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.49% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 103.18% and total cumulative return in cash sums $68,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,247/mo property income rather than buyer’s personal income.
Multi Family
Built in 1895
4,356 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stroud & Associates Team • Real Broker, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592939