113 S Elm StMilanMO63556
Nearby investment properties with comparable rents
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
Rental property for sale in Milan at 113 S Elm St, Milan, MO, 63556 offers $974/mo rent that, after a $780/mo payment. Total monthly income is $974/mo. Return on cash invested measures 19.49% in year one, and rental yield stands at 7.33% at a $159,400 entry. Equity gained on principal adds $1,029/yr while 5% annual appreciation compounds into $44,039 by year five. Five-year ROI records 100.68% and total cumulative return in cash reaches $53,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $974/mo property income versus a $780/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63556, Milan, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 896 (55.3%) |
| Renter Occupied HU | 470 (29.0%) |
| Vacant Housing Units | 255 (15.7%) |
| Median Home Value | $120,098 |
| Average Home Value | $170,840 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,409
Multi-Family
17
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
