102 E Center 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
Rental property for sale in Salem at 102 E Center St, Salem, MO, 65560 priced at $118,800 pairs $1,273/mo rent with $534/mo cash flow after a $581/mo payment. Total monthly income equals $1,273/mo, and annual cash flow comes to $6,403/yr on $39,382 invested. Return on cash invested is 36.17% in year one, and rental yield stands at 12.86% on a $118,800 basis. Equity gained on principal adds $767/yr, and 5% annual appreciation accumulates to $32,822 by year five. Five-year ROI measures 190.14% and total cumulative return in cash reaches $74,882. For financing, Ziffy Mortgage’s DSCR program evaluates $1,273/mo property income against a $581/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
N/A 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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