101 Nelson StSalemMO65560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 101 Nelson St, Salem, MO, 65560 with 5% annual appreciation on a $148,000 basis while $822/mo rent supports operations. 48% in year one. Equity gained on principal adds $955/yr, and five-year appreciation sums $40,890 alongside rental yield of 6.66%. Five-year ROI measures 89.89% and total cumulative return in cash totals $44,102. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $822/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
6,751 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices