116 Sweet Cherry WayGroverMO63040
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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
Investment property for sale in Grover at 116 Sweet Cherry Way, Grover, MO, 63040 listed at $488,000 pairs $3,491/mo rent with a $2,389/mo payment to leave $451/mo cash flow. Total monthly income runs $3,491/mo, and annual cash flow reaches $5,416/yr on $161,772 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 8.58% at a $488,000 basis. Equity gained on principal adds $3,149/yr, and annual property appreciation at 5% supports $134,825 by year five. Five-year ROI tracks 120.86% and total cumulative return in cash totals $195,524. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,491/mo property income relative to a $2,389/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63040, Grover, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,415 (100%) |
| Owner Occupied HU | 2,920 (85.5%) |
| Renter Occupied HU | 383 (11.2%) |
| Vacant Housing Units | 112 ( 3.3%) |
| Median Home Value | $400,131 |
| Average Home Value | $448,372 |
Housing Distribution
Address Breakdown
Residential
3,362
Single Family
2,808
Multi-Family
554
Businesses
306
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