10321 Springer RdBonne TerreMO63628
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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 Bonne Terre at 10321 Springer Rd, Bonne Terre, MO, 63628 generates $978/mo in rent, after a $2,668/mo payment. Total monthly income is $978/mo. Return on cash invested sits at 3.89% in year one, and rental yield is 2.15% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 16.95% and total cumulative return in cash sums $30,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $978/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
4.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63628, Bonne Terre, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,714 (100%) |
| Owner Occupied HU | 4,282 (63.8%) |
| Renter Occupied HU | 1,394 (20.8%) |
| Vacant Housing Units | 1,038 (15.5%) |
| Median Home Value | $195,322 |
| Average Home Value | $254,066 |
Housing Distribution
Address Breakdown
Residential
6,149
Single Family
6,128
Multi-Family
21
Businesses
297
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Listed by: Vicky L Crocker • Vicky Crocker Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25013723
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