1103 Rombauer AveNovingerMO63559
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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 Novinger at 1103 Rombauer Ave, Novinger, MO, 63559 offers a 7.77% rental yield on a $225,000 purchase with $1,456/mo rent. Total monthly income registers $1,456/mo, and a $1,101/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $660/yr on $74,588 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 107.63% and total cumulative return in cash at $80,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,456/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
37.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63559, Novinger, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 448 (67.9%) |
| Renter Occupied HU | 89 (13.5%) |
| Vacant Housing Units | 123 (18.6%) |
| Median Home Value | $173,913 |
| Average Home Value | $225,368 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
526
Multi-Family
16
Businesses
12
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