116 S Morice StPark HillsMO63601
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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 Park Hills at 116 S Morice St, Park Hills, MO, 63601 generates $919/mo in rent, after a $1,468/mo payment. Total monthly income is $919/mo. Return on cash invested sits at 8.46% in year one, and rental yield is 3.68% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 41.47% and total cumulative return in cash sums $41,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $919/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63601, Park Hills, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,468 (100%) |
| Owner Occupied HU | 4,124 (55.2%) |
| Renter Occupied HU | 2,532 (33.9%) |
| Vacant Housing Units | 812 (10.9%) |
| Median Home Value | $144,890 |
| Average Home Value | $186,203 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,950
Multi-Family
101
Businesses
549
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Listed by: Michael R Wokurka • Equity Real Estate
Mls Name: MARIS
Mls ID: #25038486