116 E Desoto RdBonne TerreMO63628
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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 Bonne Terre at 116 E Desoto Rd, Bonne Terre, MO, 63628 offers $1,200/mo rent that, after a $685/mo payment, leaves $328/mo cash flow. Total monthly income is $1,200/mo, and annual cash flow is $3,942/yr on $46,377 cash. Return on cash invested measures 28.41% in year one, and rental yield stands at 10.29% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 148.5% and total cumulative return in cash reaches $68,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63628, Bonne Terre, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,714 (100%) |
| Owner Occupied HU | 4,282 (63.8%) |
| Renter Occupied HU | 1,394 (20.8%) |
| Vacant Housing Units | 1,038 (15.5%) |
| Median Home Value | $195,322 |
| Average Home Value | $254,066 |
Housing Distribution
Address Breakdown
Residential
6,149
Single Family
6,128
Multi-Family
21
Businesses
297
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Listed by: Joseph D D'Angelo • EXP Realty, LLC
Mls Name: MARIS
Mls ID: #25072570