1021 Highway 109 StGlencoeMO63038
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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 Glencoe at 1021 Highway 109 St, Glencoe, MO, 63038 generates $1,620/mo in rent, after a $3,881/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 4.8% in year one, and rental yield is 2.45% on a $793,000 entry. Equity gained on principal adds $5,117/yr, while 5% annual appreciation builds toward $219,091 over five years. Five-year ROI reaches 21.82% and total cumulative return in cash sums $56,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63038, Glencoe, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,395 (100%) |
| Owner Occupied HU | 2,228 (93.0%) |
| Renter Occupied HU | 100 ( 4.2%) |
| Vacant Housing Units | 67 ( 2.8%) |
| Median Home Value | $560,881 |
| Average Home Value | $616,372 |
Housing Distribution
Address Breakdown
Residential
2,557
Single Family
2,452
Multi-Family
105
Businesses
87
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