1106 Spruce StBismarckMO63624
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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 Bismarck at 1106 Spruce St, Bismarck, MO, 63624 offers a 1.47% rental yield on a $195,000 purchase with $239/mo rent. 81% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 5.81% and total cumulative return in cash at $3,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $239/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63624, Bismarck, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 1,011 (62.2%) |
| Renter Occupied HU | 300 (18.5%) |
| Vacant Housing Units | 315 (19.4%) |
| Median Home Value | $160,691 |
| Average Home Value | $180,883 |
Housing Distribution
Address Breakdown
Residential
1,497
Single Family
1,497
Multi-Family
0
Businesses
51
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