1105 Melody CtKearneyMO64060
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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
Investment property for sale in Kearney at 1105 Melody Ct, Kearney, MO, 64060 earns $904/mo cash flow from $3,239/mo rent with a $1,835/mo payment. Total monthly income totals $3,239/mo, and annual cash flow totals $10,850/yr on $124,279 capital. ROI tracks 28.64% on current figures, and rental yield reads 10.37% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 149.74% and total cumulative return in cash sums $186,091. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,239/mo property income instead of your personal income.
Single Family
Built in 2004
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64060, Kearney, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,125 (100%) |
| Owner Occupied HU | 5,010 (81.8%) |
| Renter Occupied HU | 950 (15.5%) |
| Vacant Housing Units | 165 ( 2.7%) |
| Median Home Value | $364,570 |
| Average Home Value | $387,772 |
Housing Distribution
Address Breakdown
Residential
6,102
Single Family
6,028
Multi-Family
74
Businesses
455
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