10642 Lawrence 1150Mount VernonMO65712
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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 Mount Vernon at 10642 Lawrence 1150, Mount Vernon, MO, 65712 generates $1,800/mo in rent, after a $2,780/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 8.9% in year one, and rental yield is 3.8% on a $568,000 entry. Equity gained on principal adds $3,665/yr, while 5% annual appreciation builds toward $156,928 over five years. Five-year ROI reaches 43.85% and total cumulative return in cash sums $81,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65712, Mount Vernon, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,664 (100%) |
| Owner Occupied HU | 2,415 (65.9%) |
| Renter Occupied HU | 947 (25.8%) |
| Vacant Housing Units | 302 ( 8.2%) |
| Median Home Value | $229,030 |
| Average Home Value | $274,113 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,387
Multi-Family
95
Businesses
341
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Listed by: Joanne V Coutchie • Murney Associates - Seymour
Mls Name: SOMOMLS
Mls ID: #60313916