1003 W Franklin StSalemMO65560
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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
Investment property for sale in Salem at 1003 W Franklin St, Salem, MO, 65560 earns $182/mo cash flow from $867/mo rent with a $538/mo payment. Total monthly income totals $867/mo, and annual cash flow totals $2,188/yr on $36,465 capital. ROI tracks 25.91% on current figures, and rental yield reads 9.46% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 135.15% and total cumulative return in cash sums $49,284. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $867/mo property income instead of your personal income.
Single Family
Built in 1965
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65560, Salem, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,464 (100%) |
| Owner Occupied HU | 4,086 (63.2%) |
| Renter Occupied HU | 1,483 (22.9%) |
| Vacant Housing Units | 895 (13.8%) |
| Median Home Value | $183,075 |
| Average Home Value | $229,728 |
Housing Distribution
Address Breakdown
Residential
5,884
Single Family
5,863
Multi-Family
21
Businesses
507
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