112 Ferrel StPlatte CityMO64079
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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 Platte City at 112 Ferrel St, Platte City, MO, 64079 offers $2,045/mo rent that, after a $1,395/mo payment, leaves $270/mo cash flow. Total monthly income is $2,045/mo, and annual cash flow is $3,240/yr on $94,478 cash. Return on cash invested measures 23.34% in year one, and rental yield stands at 8.61% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 121.28% and total cumulative return in cash reaches $114,582. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,045/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1842
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64079, Platte City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,923 (100%) |
| Owner Occupied HU | 4,279 (72.2%) |
| Renter Occupied HU | 1,388 (23.4%) |
| Vacant Housing Units | 256 ( 4.3%) |
| Median Home Value | $372,475 |
| Average Home Value | $400,408 |
Housing Distribution
Address Breakdown
Residential
5,631
Single Family
5,386
Multi-Family
245
Businesses
393
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Listed by: Mel Campbell • Mel Campbell Homes, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2553695