112 McCormick StDexterMO63841
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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 Dexter at 112 McCormick St, Dexter, MO, 63841 generates $1,440/mo in rent and, after a $901/mo payment, leaves $294/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $3,524/yr on $60,996 invested. Return on cash invested sits at 25.69% in year one, and rental yield is 9.39% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 133.9% and total cumulative return in cash sums $81,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Manufactured
Built in 1976
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63841, Dexter, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,227 (100%) |
| Owner Occupied HU | 3,682 (59.1%) |
| Renter Occupied HU | 1,906 (30.6%) |
| Vacant Housing Units | 639 (10.3%) |
| Median Home Value | $185,218 |
| Average Home Value | $223,396 |
Housing Distribution
Address Breakdown
Residential
5,947
Single Family
5,856
Multi-Family
91
Businesses
601
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